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June 20: Dibyashwari Hydropower Ltd is issuing 396,000 units of IPO from June 26. The company has already allotted 7,920 units of shares for its employees and 19,800 units of shares for mutual investment funds.
Interest investors can apply for minimum of 50 units of shares and maximum of 1000 units of shares which is priced Rs 100 per share. The company will close the issuance on June 30 with possible extension till July 11. After the IPO, the paid-up capital of the company will totalled Rs 264 million.
The IPO has obtained ICRA Grade 4 rating from ICRA Nepal. The grade indicates of below average fundamentals of the issue. ACE Capital Ltd has been appointed as an issue manager by the company. Similarly, it has been informed that interested investors can apply for the IPO from Tribeni Development Bank, Excel Development Bank, Everest Finance. Moreover the investors can also apply from Garima Development Bank, Malika Development Bank, Mahakali Devleopment Bank. , Ace Capital Ltd and various branches of Ace Development Bank.
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<p style="text-align: justify;">The IPO has obtained ICRA Grade 4 rating from ICRA Nepal. The grade indicates of below average fundamentals of the issue. ACE Capital Ltd has been appointed as an issue manager by the company. Similarly, it has been informed that interested investors can apply for the IPO from Tribeni Development Bank, Excel Development Bank, Everest Finance. Moreover the investors can also apply from Garima Development Bank, Malika Development Bank, Mahakali Devleopment Bank. , Ace Capital Ltd and various branches of Ace Development Bank.</p>
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<p style="text-align: justify;">Interest investors can apply for minimum of 50 units of shares and maximum of 1000 units of shares which is priced Rs 100 per share. The company will close the issuance on June 30 with possible extension till July 11. After the IPO, the paid-up capital of the company will totalled Rs 264 million.</p>
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<p style="text-align: justify;">Interest investors can apply for minimum of 50 units of shares and maximum of 1000 units of shares which is priced Rs 100 per share. The company will close the issuance on June 30 with possible extension till July 11. After the IPO, the paid-up capital of the company will totalled Rs 264 million.</p>
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