Ghalemdi Hydro IPO to the public from today

January 3 , 2019 | Investopaper

Ghalemdi Hydro Ltd. is issuing IPO (initial public offering) to the general public from today. The IPO issue will open till Poush 23, 2075. Total shares issued for the general public is 15,33,770 units. Employees of the company will apply for 22,000 shares.

Related: How to apply IPO/FPO/Right Share through Mero Share?

Investors can apply for a minimum of 50 shares and maximum 10,000 units. Vibor Capital Ltd. is the issue manager for the IPO of the company.

Applicants can apply through C-ASBA or Meroshare. ICRA Nepal has assigned Grade 5 rating to the IPO. This indicates the fundamentals of the company remains poor.


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