Makar Jitumaya Suri Hydropower has launched an IPO for the general public starting from Chaitra 19, with a total value of Rs 22.80 crores. The company has issued 22 lakh 80 thousand ordinary shares at a par value of 100 rupees per share. While 5% of the shares have been set aside for group investment fund shares and 2% for employee shares, the remaining 13 lakh 37 thousand 302 shares are available for public purchase until April 5. If not all shares are sold, the application period can be extended until Baishakh 20, 2080. The IPO is managed by Prabhu Capital Market, and investors can apply for a minimum of 10 shares and a maximum of 10,000 shares. The payment can be made through C-ASBA banks and financial institutions, and my share market. The IPO has received an average risk rating of 'Care-NP BBB-' from ICRA Nepal.
Published by Prabhu Capital Limited on 2079-12-19
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