Supermai Hydropower Company will stop issuing 4,15,000 units of IPO shares to the general public from March 26th, 2079. As of today (26 Magh 2079), Supermai Hydropower Company has completed its initial public offering (IPO) of 4,15,000 units with a face value of Rs 100. The problem arose on March 23rd. The Company wants to raise Rs 4.15 crore through this IPO.

Notice Date: February 9, 2023

The Supermai Hydropower Company was founded to develop hydropower. It is run by a team of skilled professionals, local entrepreneurs, and professionals from various fields, including hydropower developers, management, financial consultants, engineering, education, and public affairs, all dedicated to enhancing corporate and governmental governance to the highest standards.

Supermai Hydropower Company will stop issuing 4,15,000 units of IPO shares to the general public from March 26th, 2079.

More about the Supermai Hydropower Company will stop issuing 4,15,000 units of IPO shares to the general public from March 26th, 2079.

Of the entire 500,000 units, 10%, or 50,000 units, have already been made available and allotted to Nepalese citizens working abroad. 5%, or 25,000 units, of the total offered shares have been earmarked for mutual funds, while 2%, or 10,000 units, have been set aside for the Company’s employees.

See also  Locals of the Dailekh District and Nepalese working abroad will receive IPO shares from the Dolti Power Company starting on the eighth of Falgun.

The general public can purchase 4.15 thousand additional units. The Company’s paid-up capital will be 50 crore rupees after the IPO. The Company had already given away 50,000 shares to Nepalese citizens working abroad and 500,000 shares, valued at Rs. 5 crores, to locals affected by the project. The promoter owners collectively possess 80% of the stock of the corporation.

The IPO’s issue manager has been chosen as Sanima Capital Limited. In an application, a minimum of 10 units and a maximum of 20,000 units may be requested. A total of 13,700,690 units have received applications from 12,26,246 applicants. As a result, the issue has 33.01 times as many subscriptions as it can manage.

For more related content, please follow, Wapnepal. 

Related Recent posts:
  1. The Maya Khola Hydropower Company’s IPO results have been released.
  2. Aatmanirbhar Laghubitta | IPO for the general public and Nepalese workers abroad.
  3. Makar Jitumaya Suri Hydropower Company has offered IPO shares to residents of the Dolakha District and Nepalese workers overseas, from Magh 15
  4. The Maya Khola Hydropower Company Limited issued 19,92,000 units of shares beginning on March 13.
  5. Sanima Middle Tamor Hydropower has issued its IPO shares from 4 Magh to Nepalese Employed abroad and Locals of the Taplejung District
  6. Deadline extending for Super Madi Hydropower Ltd.’s IPO closing begins today.
  7. Super Madi Hydropower issuing IPO shares to residents of Kaski District and Nepalese working abroad.
  8. On 21 Mangsir 2079, Barahi Hydropower will launch an initial public offering (IPO) for the general public.
See also  Aatmanirbhar Laghubitta is releasing 1,69,755 Units of IPO Shares starting from Falgun 11.