Appolo Hydropower Limited is launching its Initial Public Offering (IPO) specifically for local residents of project-affected areas in Okhaldhunga and Solukhumbu districts, and for Nepalese citizens working abroad. The company will issue a total of 14,90,000 shares at a face value of Rs. 100 per share to these groups as part of its project development for the Buku Khola Hydropower Project.
The application period for both categories starts on Falgun 11, 2082. For Nepalese citizens abroad, the issue will close early on Falgun 14, 2082, while for local residents, it will close early on Falgun 25, 2082. Himalayan Capital Limited is acting as the issue manager for this public offering.
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