Singati Hydro Energy Limited (SHEL) is going to issue 29 lakh units of primary share (IPO) to the general public from 21 march 2021 (6th Chaitra 2077). Meanwhile, this hydro company will issue 29 lakh unit shares to the following group of public.
- For the Employees of SHEL: 58 Thousand units.
- For Mutual Fund: 1 lakh 45 thousand units
- For General Public:26 Lakh 97 thousand Units
- Total Shares: 29 lakh
Megha Capital Markets is the IPO issue and sales manager of Singati Hydro Energy Limited. Care Rating Nepal has given ICRA BB - (I) rating to the IPO of SHEL.
Singati Hydro Energy Limited IPO Issue to Locals
This hydropower had already issued and allocated the IPO shares to the area affected local people. This hydro company limited had issued from poush 22nd to the general public.
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