Nyadi Hydropower Company Limited (NYADI) has issued 2.25 million shares worth Rs 225 million to the public since Friday i.e 15th Ashoj.
The company has issued a total of 2.25 million IPO units at 100 face value. Out of the total issued shares, 2 percent i.e 45,000 units shares has been allocated for employees and 5 percent i.e for 112,500 units share has been allocated for mutual funds. The general public will be able to apply for the remaining 2 million 92 thousand units.
The public can apply for a minimum of 10 units and a maximum of 50,000 units in Nyadi Hydropower’s initial public offering (IPO). One can submit an IPO application through C-ASBA member banks and financial institutions, as well as their branch offices, as well as through “Mero Share.”
Also Check: Sahas Urja IPO Result
Nyadi Hydropower Limited (NYADI) IPO result date
The IPO result for Nyadi Hydropower Company Limited (NYADI) is anticipated to be published on 23rd Ashoj.
Nyadi Hydropower IPO Details
|IPO Worth||NRS 22.50 crores|
|Allocation for mutual funds||1,12,500 Units (5%)|
|Allocation for employees||45,000 Units (2%)|
|Allocation for general public||20,92,500 Units|
|Issue manager||Global IME Capital Limited|
|Application bar||Max. 50,000 Units – Min 10 Units.|
|Rating||CARE-NP BB (IS) In Nepal, Ngadi Group Power Limited has a moderate level of safety when it comes to meeting financial obligations on time.|