Kalika Power Company Limited is issuing its Initial Public Offering
(IPO) to general public from Bhadra 28 till Ashwin 01, 2075. The
hydropower company is issuing 12,00,000 unit shares at a par value of Rs
100.
Out of the total 12 lakh units, 24,000 units are for the employees of
the company and 60,000 units for the mutual funds. So, for the general
public, the company is issuing 11,16,000 units.
The applications can be placed through any financial institutions,Previously, the hydropower company had already issued 6 lakh unit shares for the locals of Gorkha district. After the issuance of 12 lakh unit shares, the paid-up capital of the company will reach Rs 60 crore.Kathmandu Capital Market Limited and Global IME Capital have been appointed as the issue managers for the issue.Interested applicants can apply for a minimum of 50 units and for a maximum of 6,000 units. Kaika Power has been operating a 6 MW Dorodi A Hydropower Project in Gorkha District.
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