The stock market will have two more
hydropower companies as United Modi Hydropower and ApiPower Company are going
to float primary shares to the public soon.
NIBL Capital Markets – a wholly owned
subsidiary of Nepal Investment Bank and a licensed merchant banker from the
Securities Board of Nepal (Sebon) has signed agreements with them to act as the
issue manager and underwriter for their Initial Public Offerings (IPO).
Chief executive of NIBL Capitals Shivanth
Bahadur Pandé and MD of United Modi Hydro Sudhir Prasad Timilsina signed the
agreement yesterday on behalf of their respective institutions.
United Modi Hydro will issue some 4,000,000
units of stock worth Rs 400 million at the face value of 100 per unit.
Currently, United Modi – that is in the
process of converting itself into a public limited company – runs the 10 MW
Lower Modi-1 Hydropower Project in Parbat and is now constructing 10.5 MW Lower
Modi-2 Hydropower Project as the second part of the cascade project.
Likewise, Api Power Company will issue
up to 2,046,240 units worth Rs 204,624,000 at Rs 100 per unit.
Chairman of Api Power Guru Prasad
Neupane and GM of NIBL Capital Ram Krishna Khatiwada signed the agreement, on
behalf of their respective institutions, on 16th January.
Api
Power Company has already started construction of the 8.5 MW Naugard Gad
Project in Darchula.Currently, there are five hydropower companies listed at the Nepse.
7 comments:
Nice Information sharing about the property.
Helios Developers
Patparganj industrial area famous for its connectivity to highway and to other parts of the city, upon that good infrastruture of the area studds it and catches eyes of all. So meet the right people and get aware of the area. Call us – 6555-6555.
Site:-
http://www.propertydealerontips.com/Property+Dealers-in-Patparganj+Industrial+Area-Delhi-6555655
Property Dealers in Patparganj Industrial Area
when do they start
when IPO starts forlocal people
when do they start ipo
when do they start ipo
Find the best office space in east Delhi at the best price in patparganj industrial area where you don’t have to face the parking problem and along you can enjoy the corporate environment. Check the options in www.IndustrialAreaProperties.com Call us: - 09717171750.
Commercial Office Space for Rent in Patparganj Industrial Area Delhi
Factory for Rent in Patparganj Industrial Area
Furnished Office for Rent in Patparganj Industrial Area
Godown Space for Rent in Patparganj Industrial Area
Industrial Space for Rent in Patparganj Industrial Area
Office Space for Rent in Patparganj Industrial Area
Warehouse for Rent in Patparganj Industrial Area
Post a Comment