Kathmandu. The deadline for the project-affected locals to fill the IPO of Sanigad Hydro has been extended. <\/p>\n
The company had issued the initial public offering (IPO) in the first phase from March 8 for the locals of the project-affected areas and the Nepalis working abroad. Nepalis working abroad could apply till the banking deadline of March 11. <\/p>\n
The IPO was scheduled to be issued on April 22. According to Laxmi Sunrise Capital, the issue manager, the locals can apply for the IPO till April 20. <\/p>\n
The company was allowed to issue 8.55 million units of shares at a face value of Rs 85.50 crore, which is 30% of the issued capital of Rs 2.85 billion. Out of the issued capital, the company is issuing 28,50,000 units of ordinary shares to the locals of the project-affected areas. Out of them, 18,52,500 units of shares have been set aside in Bungal Municipality Ward No. Residents of ward no. 1, 2 and 4 and the remaining 997,500 units of land will be allocated to ward no. 1, 2 and 4 of Bungal Municipality. Residents of Provinces 3, 5, 6, 7, 9, 10 and 11 have been allocated for the residents. <\/p>\n
The interested bidders can bid for the shares from Laxmi Sunrise Bank’s Chainpur branch, Global IME Bank, Rastriya Banijya Bank and Agriculture Development Bank’s Bajhang branch.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The deadline for the project-affected locals to fill the IPO of Sanigad Hydro has been extended. The company had issued the initial public offering (IPO) in the first phase from March 8 for the locals of the project-affected areas and the Nepalis working abroad. Nepalis working abroad could apply till the banking deadline of […]<\/p>\n","protected":false},"author":16,"featured_media":233412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45212,45159,45180],"tags":[],"class_list":["post-293705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hydropower-en","category-news-en","category-stockmarket-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/293705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=293705"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/293705\/revisions"}],"predecessor-version":[{"id":293706,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/293705\/revisions\/293706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/233412"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=293705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=293705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=293705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}