Green Ventures limited (GVL) issuing IPO to locals and general public

Upcoming IPO Nepal | Nepal share market | Hydropower | Green Ventures |
02-Feb-2022
Kathmandu


Green Ventures limited (GVL) For Locals and General public IPO for general public.


Green Ventures limited is going to issue 6,250,000 ( Sixty two lakh fifty thousand ) IPO ( initial public offering) shares worth of 625,000,000 ( Sixty two Crore and fifty lakh) with base price of Rs. 100.

Who is the issue manager of Green Ventures Limited?
Laxmi capital Market limited 

After the initial public offering promoters share vs general public ratio will be 80% vs 20%.

How much to apply?
Minimum 10 kitta to maximum 1,000 kitta could be.

About Green Ventures limited:

The Likhu-IV Hydroelectric Project is planned as a run-of-river scheme with an installed capacity of 52.4MW utilizing a design discharge of 26.70m3/s and gross head of 221.27 meters.
The headwork consists of 36m wide un-gated weir with 2 under- sluice bays to safely discharge flows during monsoon period/floods. The full supply level is fixed at EL.1023.00 m.a.s.l and 2 intake openings are provided at the head regulator to draw the required design discharge. Two surface desanders L=80m & W=10m removing the particle size lesser than 0.2mm is proposed. The 4024.50 m long tunnel will convey the design discharge from the end of a power duct to the pressure shaft. The surge shaft is located at end of headrace tunnel. The tunnel is D- shaped having 3.8 m dia. with concrete lining for the initial length of 3924.50 m and the remaining 100 m long portion of HRT is steel lined with 3.40 m dia circular section with concrete backfill around the steel lining. The powerhouse is expected to be founded mainly on overburden material. Water passing through the turbines is then discharged back into the Likhu River through a 70m long tailrace channel. The total gross annual energy generation estimated at the normal load condition is estimated as 314.78 GWh.
The power generated from the plant will be evacuated through an approximately 19 Km long 220 kV Single Circuit Transmission line at New Khimti Substation, Kirnetar Ramechhap. ( source: Green Ventures website)


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