Singati Hydro Energy Limited IPO Issue 6th Chaitra 2077

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Singati Hydro Energy Limited IPO Issue 6th Chaitra 2077

Singati Hydro Energy Limited is issuing an IPO to the general public from 6th Chaitra(चैत ६ गते) to 10th Chaitra(चैत 1० गते), 2077. If the issue is not subscribed by the early closing date, the deadline can be extended up to Chaitra 20.

The company has a total of 1.45 crore registered shares of which 29 lakh(२९ लाख) shares will be issued in the upcoming IPO. Thus, the IPO will raise a total of Rs. 29 crores(२९ करोड) in paid-up capital.

Singati Hydro Energy Limited IPO Issue 6th Chaitra 2077

2% of the issue, i.e. 58,000 units have been set aside for the employees of the company and another 5% to mutual funds i.e 1,45,000 units. The remaining 26,97,000 units are purely for individual investors. Investors can apply for a minimum of 10 units(कम्तिमा १० कित्ता) and a maximum of 2,00,000 units.(बढीमा २ लाख कित्ता)

Mega Capital Markets Limited has been appointed as the issue manager for the IPO issuance.

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