Dibyaswori Hydropower Limited will be floating 3, 96,000 lakh unit shares from Ashar 13

Dibyaswori Hydropower will be issuing Initial Public Offering (IPO) worth Rs 3.96 crore (3, 90,000 lakh unit shares) to general public from Ashar 13 at face value of Rs 100. Ace Capital Limited has been assigned as the issue manager for the IPO. The form will distribute  from Ashar 10. People can collect form from Ace Capital Limited, Durbarmarg, Kathmandu and all  branches Ace Development Bank.  

ICRA Nepal has assigned an “[ICRA] IPO Grade 4”, indicating below average fundamentals to the proposed IPO of Dibyashwari Hydropower.

The Hydropower project is situated at Dhupu VDC in Sankhuwasabha. The hydropower project has the capacity of generating 4MW electricity.

The offer will close on Ashar 16.