Kathmandu. Rapti Hydro and General Construction is going to open the IPO sale for the general public. The company is going to issue IPO of 23 lakh 66 thousand 240 shares worth Rs 23 crore 66 lakh 24 thousand from June 29 at the rate of 100 per share.
The company is going to issue IPO by adding 37 thousand 632 shares which were not sold when it was issued to local people. Out of this, 1 lakh 18 thousand 312 shares have been allocated to the collective investment fund and 70 thousand 988 shares to the employees. General public can apply for the remaining 21 lakh 76 thousand 940 shares till July 1st. The company said that if all the shares are not sold during that period, they can apply until July 11th. Investors can apply for a minimum of 10 shares to a maximum of 21 lakh shares.
Investors can fill shares through approved banks and financial institutions and through My Shares. Rating agency Kier Nepal has given 'KierNP Issuer Rating B' to Rapti Hydro's IPO. Siddharth Capital is the sales manager for this IPO.
please do not enter any spam link in the comment box