Samling power company limited (SPCL) IPO for general public issue date confirmed

IPO Date Fixed | Upcoming IPO Nepal
08-October-2021
Kathmandu

Samling power company limited( SPCL) IPO for general public.

Samling Power company limited is going to issue 7,30,000 ( Seven lakh thirty thousand) IPO ( initial public offering) shares worth of 73,000,000 ( Seven Crore and thirty lakh) with base price of Rs. 100.

Samling Power company limited (SPCL) IPO for locals and project affected area has already been completed in the first phase. This is the second phase of ipo issuing to the general public.

Date of the issue has been confirmed. 

Kartik 4th, 2078 | 21-10-2021 

How much for the employees , mutual funds and general public?

Here are the bifurcation of kittas of 7 lakh 30 thousand.

Total issue unit : 7,30,000 kitta
Employee (2%)  : 14,600 kitta 
Mutual funds ( 5%) : 36,500 kitta
General public : 6,78,900 kitta

** Six lakh seventy thousand and nine hundred is purely for general public**

What is the issue opening and closing date?

Date of the issue opening on 4th Kartik and will be closed on 8th Kartik.

Who is the issue manager of samling power company?
Nepal SBI merchant banking.

Rating of the samling power company?
BB
By ICRA NEPAL

How much to apply?
Minimum 10 kitta to maximum 50,000 kitta.

About the Samling power company limited: 

Located in the middle reach of Mai River in the Ilam district of the eastern part of Nepal, Mai Beni Hydropower Project is a Run-of-River type hydropower project with an installed capacity of 9.51 MW. The Project is the pilot project of Urja Developers Pvt. Ltd., which embarked on construction in May 2018. The components of the project lie between an elevation of 490m and 645m above mean sea level. All the major components of the project are within a 5km distance from the Mechi highway. The construction of all project components and installation of overall Hydromechanical components and Electromechanical equipment have been completed. Likewise, the testing and commissioning of overall project components have been completed. The trial operation of the power plant is expected to commence by September 2021.

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#Samling #Samlingpowercompany #IPONepal #Upcomingipo #Nepalsharemarketupdates #Stockmarket #nepse #sebon #IPOAllotment #IPOnews

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