Kathmandu, April 4
Today is the last day for Balephi Hydropower Company Limited to apply for IPO. The company has issued an IPO for the general public.
Applications for the IPO can be submitted by all C-ASBA member banks and financial institutions and their branch offices approved by the Nepal Securities Board. In addition, the application for the IPO can be applied from my share web and app.
The issue and sale manager of the company is Global IME Capital Limited. Investors will have to apply for a minimum of 10 lots of shares and a maximum of 100,000 lots. ICRA Nepal has given ICRA NP Issuer rating double B rating to the company in the rating given for IPO issue. This indicates a moderate risk in the company’s ability to bear responsibility.
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