Yet another hydropower is on its way to issuing IPO to the general public. The company is Mandakini hydropower company having Bank of Kathmandu as the issue manager for its Mandakini Hydropower IPO.
The company is about to offer 11.76 Lakh units IPO worth Rs 11.76 Crore.
|Name of the company||Mandakini Hydropower Company|
|Total IPOs||11,76,073 units|
|Total IPO price||Rs. 11.76 crore|
|IPO Date||25th July 2022 – 9th Shrawan 2079|
|IPO price per unit||Rs. 100|
|IPO application quantity||10-1,00,000 Units|
|Issue Manager||B.O.K Capital Market|
|Paid-up Capital||Rs. 58.80 Crores|
|Care Rating Nepal||CARE-NP BB+ (Is)|
CEO of BOK Capital Market(Mr Kundan Sharma) and chairman of Mandakini Hydropower(Mr Mahesh Bahadur Basnet) have signed the MoU to bring the process further.