The IPO of Himalayan Hydropower Limited has been issued today, the 15th of Asar. The company has issued 1,968,250 IPOs for general investors. If you are waiting for the IPO, here is another opportunity to make money.
Himalayan hydropower IPO
Himalayan Hydropower Limited has issued an IPO at Rs. 100 per lot. The company has issued a total of 1968250 IPO lots to the public. Of this, 2% or 39,365 shares have been reserved for employees and 5% or 98,413 shares have been allotted to mutual funds.
The company has allotted 18,30,472 IPO shares for general investors. Investors will be able to apply for an IPO at the rate of Rs 100 per unit.
|Total IPO||1,968,250 Kitta|
|To Employee||39,365 Kitta|
|To Mutual funds||98,413 Kitta|
|To Investors||18,30,472 Kitta|
|IPO Price||Rs. 100|
|IPO Date||Asar 15 -19|
|Minimum Apply||10 Kitta|
|Maximum Apply||1000 Kitta|
|Issue Manager||Global IME Capital Limited|
|Icra Rating||ICRNP IRB Plus|
|Paid-up capital||Rs. 1,09,50,00,000|
Expected Market price of IPO
If you are also an investor, waiting for an IPO, this is the best opportunity for you. Investors can apply for an IPO through the Mero Share app or website.
You can make up to Rs 5,000 in a short time by investing only Rs 1,000 in this IPO. Within some days after the IPO listed in NEPSE, it could reach up to Rs. 5000.
Himalayan Hydropower IPO Date
The company has issued an IPO today, the 15th of Asar. Applications for the IPO will remain open until Asar 19. If all the IPOs are not sold by that date, the application for IPO can be submitted till the 29th of Asar.
How Many IPO to apply?
The company has set minimum and maximum quotas in the IPO application. Investors will have to apply for a minimum of 10 lots of shares in the IPO and a maximum of 1,000 lots.
You are only eligible to apply for this IPO for 10 lots or Rs. 1000 only. Because even in this IPO there will be allotment through lucky draw. You have to depend on luck to get an IPO.
How to apply for IPO?
You can apply for an IPO by visiting the CASBA member bank and financial institution office where you have your bank account. Apart from this, one can apply for IPO online from Mero Share app and website.
More about IPO
The sales manager of Himalayan Hydropower Limited is Global IME Capital Limited.
The company has completed the rating for the IPO issue. ICRA Nepal has given ICRNP IRB Plus rating to this hydro company. This rating indicates a high risk in the company’s ability to bear responsibility.
About the Himalayan Hydropower
Himalayan Hydropower Limited was registered as a private limited company in the Office of the Registrar of Companies on 22nd Mangsir 2066 as per the Companies Act 2063.
Since 2074 Baishak 28, it has been operating as a public company. The Registrar’s Office of the Company is located at Budhnagar 10, Kathmandu.
The project office of the company and the hydropower plant in Madi village municipality ward no. 2. The company has already completed the construction work of Namarjuj Madi Hydropower Project with a capacity of 11.88 MW. The project has been generating commercial electricity since 2077 Ashoj 12.
The return on ordinary investment is 9.94 years and the return on investment towards discounts is 17.07 years.