Shiv Shankar Hydro Investment Limited is set to enter the Nepal stock market with its IPO. This move comes as the company looks to attract investors interested in hydropower and infrastructure projects in Nepal. The IPO is expected to create new investment opportunities for both small and large investors.
When will the IPO happen?
The company has called a general meeting on Mangsir 19 to approve the IPO proposal. Once shareholders approve the plan, the company will officially launch the IPO, allowing the public to buy shares in the company.
Shiv Shankar Hydro IPO Details:
Shiv Shankar Hydro Investment plans to raise Rs 25 crore through its IPO. The company will issue 25 lakh shares, each with a face value of Rs 100. Laxmi Sunrise Capital has been appointed as the issue manager to guide the IPO process and assist investors.
About Shiv Shankar Hydro Investment
The company was formed after a merger between Shiv Shankar Investment and Jai Ganesh Investment. This merger strengthened the company’s financial position and expanded its investment portfolio. The company focuses mainly on hydropower, infrastructure, and other productive sectors.
