Union Hydropower extended the IPO issue

March 31, 2019 | Investopaper

Union Hydropower has published the notice regarding the extension of date for its ongoing IPO issue.

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

The hydropower has opened the Initial Public Offering (IPO) from Chaitra 13, 2075. The issue was scheduled to close today (Chaitra 17, 2075). However, due to under subscription of shares, the issue date is extended to Baisakh 12, 2076.

The company is issuing 35,34,340 shares to the general public. The company has informed that the IPO will remain open until it is fully subscribed. If the issue is fully subscribed before Baisakh 12, 2076, the company can close the issue by publishing the notice. So, interested investors can still apply for the IPO before the issue is oversubscribed.

To know if the IPO of Union Hydropower is a good investment or not, click on the link below:

Union Hydropower IPO from today; Is it a good IPO investment?


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