Last day to apply for IPO of Panchthar Power Company

March 1, 2019 | Investopaper

Panchthar Power Company is closing the IPO issue from today (Falgun 17, 2075). The IPO is already oversubscribed and will close after the banking hours today.

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

Panchthar Power Company is issuing initial public offering (IPO) from Falgun 13. The hydropower company is going to issue 17,50,250 shares to the general public. Also, the company has reserved 2% shares or 35,005 units to employees and 5% shares or 87,512 units to mutual funds. The general public can apply for the remaining 1,627,733  shares

Sanima Capital is the issue manager for the IPO of Panchthar Power Company. The IPO issue will close at Falgun 16 if fully subscribed. Otherwise, the IPO will be extended to Chaitra 12, 2075.

The interested applicants can apply for a minimum of 10 shares and a maximum of 9,620 shares. 

Care Ratings Nepal has assigned IPO grade 4 rating to the issue which indicates below average fundamentals.


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!