Himalayan Urja IPO closing today

April 8, 2019 | Investopaper

The Initial Public Offering (IPO) of Himalayan Urja Bikas Company is closing from today (Chaitra 25,2075). Due to the oversubscription of shares, the company decided to close the issue. Interested investors can still apply for the shares until the closing of banking hours today.

The hydropower company is issuing 14,85,000 shares to the general public in the IPO. The interested applicants can apply for the minimum of 50 shares and the maximum of 6,500 shares at the par value of Rs. 100.

Nabil Investment Banking Limited is the issue manager for the IPO.

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

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