UPCOMING IPO: Dordi Khola Jal Bidhyut Co. Ltd.(DORDI) Issuing 21,95,509 units IPO Shares to General Public from 26th JESTHA TO 31st.
Dordi Khola Jal Bidhyut Company Limited (DORDI) will issue 21,95,509 unit at Rs 100 from 26th Jestha, 2079 to 31st JESTHA. Dordi Khola Jal Bidhyutwill gather Rs 21.95 crore from this IPO. Out of the absolute 21,95,509 units; 3% of the all out offered shares for example 65,865 units have been saved for the representatives of the organization and 5% of the complete offered shares for example 1,09,775 units have been saved for the shared assets. The excess 20,19,869 units are for the overall population. The settled up capital of the organization will reach to Rs. 1.05 Arba after the IPO issuance.
Prior, the organization had given 10,54,260 unit IPO shares which is 10% of the given capital of Rs 105.42 crore to the undertaking impacted local people of Lamjung District from thirteenth Baisakh to Jestha 05, 2079. Notwithstanding, just 7,56,420 units or 71.75 % of the all out issue have been apportioned to the substantial candidates.
In this way, staying 2,97,840 units withdrew shares are added to 18,97,669 units (which is 18% offers saved for the overall population) to make a sum of 21,95,509 units for the overall population. By and large, 72% offers are of the advertiser investors in the organization.
Siddhartha Capital Limited has been designated as the issue administrator for the IPO issuance. Applications can be put for at least 10 units and a limit of 17,00,000 units.
lCRA Nepal Ltd has relegated a twofold B short guarantor rating [ICRANP-IR] BB-to the organization. Organizations with this evaluating are considered to have a moderate gamble of default in regards to opportune overhauling of monetary commitments.
Dordi Khola Jal Bidyut Company Ltd is a public organization consolidated on Falgun 14, 2066 (February 26, 2010) according to Companies Act 2063, Nepal with the goal to create and put resources into hydropower projects. It is at present fostering a 12 MW Dordi-1 Hydroelectric Project in Lamjung District and claims its age permit. The venture is situated in Dordi Gaupalika-6, Lamjung. Its enrolled office is situated at Kathmandu - 11, Bluestar Complex, Tripureshor. Lamjung Electricity Development Company Limited (LEDCO) holds 84.95% possession in the organization.
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