Sikles hydropower ipo result date

Sikles hydropower ipo result date

The IPO issued by Sikles Hydropower Limited to the general public will be distributed today (Ashoj 11th, 2079).

According to BOK Capital, the company’s share issue and sales manager, the shares will be distributed at 9 a.m. today.

Short for Sikles Hydropower Limited, or SLHL. It recently released an offer letter for the general public as part of its first public offering (IPO). From 29th Bhadra 2079, the Company will issue 11,50,000 unit shares with an Rs. 100 face value (14th September 2022). As we are aware, it recently published the Offer Letter to distribute 8,50,000 units of IPO Shares to the Kaski District residents who will be impacted by the project (Madi VDC Ward no 1 2, and 3).

However, Sikles is currently considering issuing 11,50,000 units of IPos, of which the general public will be able to apply for 10,58,000. The remaining 92000 units will be used by employers and mutual funds.

Sikles Hydropower IPO Result 2079 Date overview Details

Name of the IPO CompanySikles Hydropower Limited
Short NameSIHL
IPO SectorHydro Power
Issue ManagerBOK Capital Markets
CategorySikles Hydropower Limited IPO Results 2022
Official website
Total IPOs11,50,000 Units
IPOs Reserved for General Public10,58,000
IPO Opening Date29-05-2079
IPO Closing Date12-06-2079
IPO Price per Unit100
Sikles IPO Result Share allocated Status DateAvailable In Bhadra 2079
IPO Application Quantity10-10000 Units
Sikles hydropower ipo result date

About Sikles Hydropower Company Limited

On May 17, 2019, the private limited business that was founded in 2004 underwent a conversion to become a public limited company. The principal project in the portfolio of the firm is the SIHL Commercially Operating Project madkyu Khola Hydroelectric Project (MKHP) near Kaski.

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