Sikles Hydropower Limited IPO Opens From Today

Sikles Hydropower IPO opens from today, Nepalese Investor can apply for a minimum of 10 units and maximum of 1,00,000 units. Sikles Hydropower Limited opens its IPO issue of 11,50,000 unit shares to the general public from today, 14 September, 2022. Last day to apply for IPO is 18 September, 2022 (02 Ashwin, 2079).

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BOK Capital Market Limited has been appointed as the Issue Manager. Sikles hydropower has invested in 13 mega watt hydropower project “Madkyu Khola Jalvidhyut Aayojana” based on run off river. The fund raised by the company will be used for paying the debt taken by the company from financial institutions for construction of projects.

The hydropower company is issuing 11,50,000 IPO shares, out of which 5% (57,500) unit shares is for mutual fund, 3% (34,500) unit shares is for employees of the company and remaining 10,58,000 unit shares is for general public.

Much Awaited Sikles Hydropower IPO Opens from today, Will you apply for the IPO shares of Sikles hydropower, please let us know in the comment below.

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