Mailung Khola Hydropower Company Ltd Open Initial public offering (IPO) for the public. The IPO shares of Mailung khola hydropower for public general. The IPO of Mailung Khola Hydropower Company Limited is scheduled to be opened on Shrawan 14.
Mailung Khola Hydro IPO Result Check- Check Mailung Khola IPO Result
Mailung Khola Hydropower Power company limited is going to issue 7,36,286 ( 7 Lakhs 36 thousands 2 hundred 86 kitta IPO) ordinary shares worth Rs. 73,628,600. Of the total issue, 2 percent will be for 14,726 employees and 5 percent will be for 36,814 shares of the collective investment fund. The general public IPO will be able to apply for the remaining 684,746 lots.
Mailung Khola Hydropower IPO Shares Apply Details
IPO Application open from: Shrawan 14, 2078 BS.
Total IPO Share Unit: 7,36,286 kitta
Minimum Shares Apply: 10 Kitta
Maximum number of Shares apply: 1000 kitta
IPO Application Closing Date (Soon): Shrawan 18, 2078
IPO Apply From : Meroshare CDSC website & Nearest Bank
IPO Shares Capital Merchant Office: Siddhartha Capital Limited
IPO Result Published Date: 2078 Shrawan 26 Tuesday
The general public IPO can apply for the shares till Shrawan 18. Applications can be made for a minimum of 10 lots and a maximum of one lakh lots in an IPO. The issue and sale manager of the company is Siddhartha Capital Limited.
Introduction of MAILUNG KHOLA JAL VIDHYUT COMPANY LIMITED
Mailun Khola Hydropower Company Private Limited is a private company incorporated on 7 Bhadra 2059 (July 23, 2002) as per prevalent Acts of Nepal, with objective to develop and invest in hydropower projects. This Company has developed 5 MW Mailun Khola Hydropower Project in Rasuwa district and its operation is for a period of 35 years under a Construction & Generation License issued by prevalent HMG of Nepal on the basis of a power purchase agreement with Nepal Electricity Authority.
This Company was converted into a public company with effect from 6 Bhadra 2071 (22 August 2014) as Mailung Khola Jal Vidhyut Company Limited (MKJVCL). MKJVCL has completed its entire project construction works and has been successfully Generating Power of 5 MW since 19th Asar 2071.