Upcoming New IPO Nepal: Hydropower company Upper Hewakhola Hydropower Company Limited located in Jaljala, Siddhapokhari, Sankhuwasabha district, with 8.5 MW capacity is issuing the IPO on May 23, 2022. Read more if you want to apply for this share.
Upper Hewakhola Hydropower Co. Ltd. IPO
Upper Hewakhola Hydropower Company Limited is going to issue IPO from May 23 (Tuesday).
IPO Apply criteria of UHHCL
The company is going to issue 500,000 ordinary shares at the face value of Rs 100 per share for the project-affected locals.
If you are ready for making some saving then you have to apply for a minimum of 10 Kittas of shares and a maximum of 100,000 kittas of shares.
Upper Hewakhola Hydropower Location
The location of Hewakhola Hydropower Company Limited has constructed hydropower project of 8.5 MW capaciy is in Province 1 Sankhuaswabha District, flowing through Panchkhapan and Chainpur Municipality.
Last date to Apply UHHCL
Applications for the IPO can be submitted as soon as possible by June 8 and if no full application is received by that period, applications can be submitted by July 25.
Issue Manager of Upper Hewakhola Hydropower
NMB Capital Limited is the issue manager for the share issue. NMB capital is situated in Naxal Nagpokhari-1, Kathmandu has been appointed as the issue manager and publishing result of Upper Hewakhola Hydropower IPO result.
The company has been given approval by the Nepal Securities Board to issue IPO on April 6, 2022
Conclusion
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