1. Kutheli Bukhari Small Hydropower Limited
Kutheli Bukhari Small Hydropower Limited is issuing IPO from today (2080/03/26).
In a remarkable endeavor, having already dispersed the Initial Public Offering (IPO) among the esteemed denizens dwelling within the vicinities influenced by the project and the industrious Nepalese laboring on foreign shores, a captivating chapter unfolds as the time draws near to bestow the IPO upon the masses at large.
The company allocated 10 percent of the issued capital of 12 crore 18 lakh 67 thousand 500 rupees, i.e. 1 crore 21 lakh 86 thousand 800 rupees, to issue 1 lakh 21 thousand 868 ordinary shares to the general public at the rate of 100 rupees per share.
10 percent of which will be 12 lakh 18 thousand 600 rupees per share, 12 thousand 186 ordinary shares at a nominal price of 100 rupees for Nepalese who have received labor approval from the relevant agencies of the Government of Nepal, and 5 percent i.e. 6 thousand 93 shares for collective investment funds. If it has been done, 2 percent ie 2 thousand 437 shares have been reserved for the employees working in the company. General investors can apply for the remaining 1 lakh 1 thousand 151 shares.
In the IPO, you have to apply for a minimum of 10 shares and a maximum of 1,000 shares in the day will end.
The closure of issue will be on Asadh 29th at the earliest and Shrawan 9th at the latest.
In the rating, IKRA NEPAL has given the company Ikranp issuer rating triple B minus rating. As the pendulum of discernment swings, casting its intricate shadows upon the canvas of corporate realms, a nuanced revelation emerges, revealing a palpable dance between risk and responsibility. It is an intricate tapestry wherein the company's capacity to fulfill its steadfast commitments finds itself nestled in a realm of moderate risk, akin to a tightrope walker delicately traversing the taut wire of obligation.
The total estimated cost of the 998 KW Sushpa Bukhari Khola small hydropower project being promoted by the company is Rs.24 crore 75 lakh 57 thousands and 331
The normal investment return period of the project is 9.37 years, while the discount investment return period is 20.10 years. The project received power generation permission on 2071/02/05.
Behold, as the ethereal mantle of authority gracefully descends upon the shoulders of NMB Capital Limited, an esteemed steward entrusted with the sacred duty of orchestrating the issuance and sale of shares on behalf of the company. In this hallowed role, they wield the baton of financial acumen, conducting a symphony of transactions, harmonizing the aspirations of investors and the aspirations of the company, to compose a sonata of growth and prosperity.
All CSBA member banks and financial institutions and their designated branch offices and CDS and Clearing have received approval from the Nepal Securities Board.
2. Upper Mailung Khola Jalvidyut Limited
Upper Mailung Khola Jalvidyut Limited is going to issue IPO from Shrawan 4th, The company is about to issue an IPO for the local residents of the project-affected areas and Nepalis working abroad.
The company is about to issue ordinary shares at the rate of 100 rupees per share equal to 10 percent of the issued capital of 1 Arba rupees, i.e. 10 Crore rupees i.e. 10 Lakh units , for the local residents of the affected areas. Out of that, 5 lakh 71 thousand 430 units share project is the most affected area of Rasuwa District, Uttar Gaya Rural Municipality Ward No.9,
2 lakh 85 thousand 720 share shares will be distributed to the residents of Rasuwa District, Uttar Gaya Rural Municipality Ward No. 2, 3, 4 and 5, and Nuwakot District Kispang rural municipality ward no. 9, and rest of 1 lakh 42
thousand 850 shares will be distributed for the local residents living in 5 and for the local residents of other areas of Rasuwa district apart from that area.
In addition to this, 150,000 ordinary shares worth 1 Crore 50 Lakh rupees worth 10 percent of the shares set aside for general investors at a price of 100 rupees per share are going to be issued for Nepalese who have received labor approval from the relevant agencies of the Nepal government and are employed abroad.
In that IPO, you have to apply for a minimum of 10 shares, and you can apply for a maximum of 10,000 shares.
For the local residents of the project-affected area, the closing date will be on Shrawan 18th at the earliest and Bhadra 1st at the latest. Nepalis who are employed abroad should apply before 18th of Shrawan.
In the rating given for the IPO issuance, Care Rating Nepal has given the company CareNP Double B Issuer Rating Like a tightrope walker balancing on a thin line, the company's ability to fulfill its obligations exists within the realm of average risk. The winds of uncertainty blow, whispering their doubts, as the company treads cautiously, mindful of the weight it must bear. It stands at the precipice of obligation, where the chasm of uncertainty looms, yet the company holds steady, striving to maintain equilibrium. The rhythm of responsibility beats in its heart, pumping resilience through its veins. Though not impervious to the pressures that surround it, the company embraces the challenge, knowing that within this delicate balance lies the potential for growth and success.
The total estimated cost of the 14.3 MW Mathlilo Mailung Khol hydroelectric project being promoted by the company is 2.5 billion rupees, while the total estimated cost of the Utsima megawatt is 174.48 million 25 thousand 178 rupees.
The normal investment payback period of the project is 7.10 years while the discount payback period is 12.76 years. The project is expected to start commercial production from this July 15th.
Sanima Capital Limited, a conductor of financial symphonies, assumes the role of the company's masterful orchestrator, gracefully maneuvering through the intricacies of share issues and sales. With a baton held high, they command the attention of investors, leading them through a harmonious journey of opportunity. Like skilled artisans, they craft the perfect composition, harmonizing the company's aspirations with the desires of those seeking to invest. With meticulous precision, they blend expertise and experience, creating a melodic blend of trust and confidence. As the company's esteemed partner, Sanima Capital Limited takes the stage, captivating the audience with their virtuosity, ensuring that every note of the share issue and sales process resonates with success.
Local residents can apply from the designated branch offices of the project site, Sanima Capital, Sanima Bank and NMB Bank. Residents of the project-affected areas will have to pay a fee of Rs 2 for the application form to receive the share purchase application.
Nepalese who are employed abroad can apply online through the CSBA system using the software 'My Share' developed by CDS and Clearing Limited and all CSBA member banks and financial Like sentinels guarding the gates of financial prosperity, the Nepal Securities Board bestows its seal of approval upon worthy institutions, empowering them to navigate the labyrinthine world of finance. These chosen establishments, with their designated branch offices, stand as beacons of trust and stability amidst the shifting tides of economic uncertainty. They embody the meticulous craftsmanship of the Board, blending regulatory scrutiny with a deep understanding of the financial landscape. With each branch office strategically positioned, they become the outposts of progress, extending their reach to every corner of the nation. United under the banner of legitimacy, these institutions serve as pillars of strength, elevating the nation's financial ecosystem to new heights. Through their collaboration and compliance, they manifest the symbiotic dance between regulation and innovation, transforming the dreams of investors into tangible realities.
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