Super Madi Hydropower Limited has opened its IPO issue and issue to the general public from today i.e. 9th of magh.
The company issued the IPO for the general public after distributing the IPO issued to the residents of the project-affected areas and Nepalese who have gone for foreign employment.
The company is going to issue 17 lakh 43 thousand shares to the general public. Investors can apply till magh 12.
Investors have to apply for a minimum of 10 shares and can apply for a maximum of 50,000 shares.
Sanima Capital Limited is the company’s share issue and sales manager. In the company’s IPO, after receiving approval from the Securities Board Of Nepal, applications can be made through the C ASBA system from banks and financial institutions providing all ASBA services and their designated branch offices.
This company is constructing the Supar Madi hydropower project with a capacity of 44 megawatts to utilize the flow of the Madi river flowing through the border of Madi rural municipality in Kaski district.