January 2 , 2019 | Investopaper
Shiva Shree hydropower and Panchthar Power Company have received approval from SEBON to issue Initial Public Offerings(IPOs).
Sebon has approved Shiva Shree hydropower to issue 14.76 lakh units of share to local people. Siddhartha capital is the issue manager for the IPO of the company.
Similarly, Sebon approved Panchthar Power Company to issue 19.25 lakh units of share as IPO. The company will issue 10% share worth 9.625 lakh unit to local people and 10% worth 9.625 lakh unit to the general public. The issue manager for the company’s IPOs is Sanima Capital Ltd.