Taksar Pikhuwakhola Hydropower IPO Opens Tomorrow: Investors Can Apply Up to 50,000 Shares
Taksar Pikhuwakhola Hydropower Limited will open its IPO for the general public from April 23, offering over 2.5 million shares.
Taksar Pikhuwakhola Hydropower Limited is set to launch its Initial Public Offering (IPO) for the general public starting April 23.
The company will issue a total of 2,515,455 ordinary shares at a face value of NPR 100 per share. Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. The deadline for application has been set for April 28.
In terms of credit rating, CARE Ratings Nepal has assigned the company a “CARE-NP BB+” issuer rating, indicating a moderate level of risk in its ability to meet financial obligations.
Prabhu Capital Limited has been appointed as the issue and sales manager. Interested investors can apply through C-ASBA system via banks and financial institutions approved by the Securities Board of Nepal.