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Green Life Hydropower Limited to Issue IPO from Magh 23 2077

Green Life Hydropower Limited to Issue IPO from Magh 23 2077

Green Life hydropower is going issue the primary shares to the general public from 5th January 2021 (23rd Magh 2077). This is the second phase of IPO issue of this hydro. The total numbers of IPO which will be issued to the general public are given below.

For Mutual Fund

174820

For Employees of GLHL

69928

For the General Public

3251652

Total Shares

3496400

 


Credit Rating

Care Nepal has given Care NP B Plus Rating for the primary shares of Green Life Hydropower Limited.

Paid-up Capital

The paid up capital of this hydropower limited will be 1.80 Arba after the IPO allotment.

Issue Manager

BOK capital Market Limited is the IPO issue and sales manager of GLHL IPO

Click Here : Upcoming IPO in Nepal

First Phase of IPO Issue and Allotment

This hydro company had already issued the initial public offering to the locals of dolakha district in first phase. The company had issued 19 lakh units primary shares to the locals. According to BOK Capital (then Kathmandu Capital), the manager of the share issue and sale of the hydropower company, only one lakh three thousand six hundred (103600) units have been applied for in the IPO from one thousand two hundred and sixteen (10216) applicants. The IPO, which was not distributed to the locals, will be going to issue to the general public

Click Here : Mahila Laghubitta IPO Issue

How to Apply on Green Life IPO

IPO application is very easy now in this time. There are two ways for the application for Initial Public Offering (IPO) of Green Life Hydropower which are as follows.

1.     Via Online with mero share

That investor which has taken the facilities of meroshare can apply for the IPO through mero share software.

2.     Via ASBA Members Bank

Those investors who haven’t taken the facilities of meroshare can apply through ASBA members bank. For that, they have to fill up the share application form and submit it to the bank along with the DEMAT numbers



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