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To apply for the IPO of Darmkhola Hydro Energy

Kathmandu. Today is the last day to apply for the ipo issued by Darmkhola Hydro Energy Company.

Applicants will be able to apply only within office hours today. The company has issued an IPO for the project-affected local and foreign employment Nepalis from June 1.

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Hyundai

The company’s issued capital is Rs 1.03 billion. 33 percent i.e. 395 million rupees worth of shares have been allowed to be sold. A total of 1,030,500 units of shares have been issued to the locals of Musikot municipality of Gulmi district, Galkot municipality of Baglung district and Badigaon rural municipality of Baglung district.

Nepalis working abroad can apply for 291,150 units of shares. Investors can apply for a minimum of 10,000 to a maximum of 50,000 units.

Project-affected locals can apply from Global IME’s Wami branch, Laxmi Sunrise Bank’s Galkoth branch, Prabhu Bank’s Galkot branch and Daram Khola Powerhouse. Nepalis in foreign employment can apply through c-ASWA member banks and financial institutions and my shares. Laxmi Sunrise Capital has been appointed as its sales manager.

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