New Upcoming IPO in Nepal 🇳🇵

Nyadi Hydropower Limited is going to issue its 22,50,000.00 units of IPO shares to the general public.

starting from 15th - 19th Ashwin, 2078

Nyadi Hydropower Limited will be issuing 22,50,000 units worth Rs 22.50 crore as Initial Public Offering to the general public from (Ashwin 15-19, 2078). The early closing date of this issue is on Ashwin 19 and if the issue is not fully subscribed till Ashwin 19, then it can be extended up to Ashwin 31, 2078.

Out of the offered 22,50,000 units; 2% of the total offered shares to the general public i.e. 45,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 1,12,500 units have been set aside for the mutual funds. The remaining 20,92,500 units are for the general public.

Applications can be placed for a minimum of 10 units and a maximum of 50,000 units. 

Global IME Capital Limited is the issue manager and NMB Capital Limited is the co-issue manager for the IPO issuance. 

The company has 1,50,00,000 registered shares of which 40,50,000 shares will be issued to the public (Locals and general Public) and employees of the promoter institutions. This is 27% of the company's paid-up capital.