Green Life Hydropower IPO Issue | IPO Issue Notice
Greenlife Hydro Power Limited, A hydropower company is going to issue the Initial Public Offering from 5th February 2021. This is the good news for the investors who want to apply on IPO issue. Mean while Green life Hydropower has got the approval from Securities Board of Nepal (SEBON) to issue the Initial Public Offering for the general public on 15 January 2021.
This Hydropower Company is going to issue 34 lakh 96 thousand 4 hundred units shares to the general public. Meanwhile 1 lakh 74 thousand 8 hundred and 20 units shares are allocated to the mutual fund. 69 thousand 9 hundred and 28 units ipo shares are allocated to the employee of the company. So the general public will apply for the remaining 32 lakh 51 thousand 6 hundred and 22 units shares. This is 19.42% of the issued capital of the company. BOK Capital is the IPO Issue Manager of Green Life Hydropower. The public share will be 20 percent and the promoter share will be 80 percent after the IPO allotment.
This company was established in 2009 AD. This company has already issued and allocated 103600 units shares to the local residents of the Dolakha District.
The official site of this hydropower company is http://www.greenlifehydropower.com.np/
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