Himalayan Hydropower(HMHL) will be Issuing 19,68,250 Units IPO Shares to General Public from 15th Ashad to 19th.

Himalayan Hydropower Limited (HMHL) has distributed a deal letter to give its Initial Public Offering (IPO) to the overall population.

Himalayan Hydropower Limited (HMHL) will give 19,68,250 units worth Rs 100  from the fifteenth Ashad, 2079. Himalayan Hydropower Limited (HMHL) will gather Rs. 19.68 crore from this IPO. Out of the 19,68,250 units; 2% of the offered shares, 39,365 units will be given to the organization's workers and 5% of the all-out offered shares, 98,413 units will be given to the mutual fund, and remeaning  18,30,472 units will be given to the general public. Global IME Capital Limited  is the issue manager

Prior, the organization had given 9,00,000 unit IPO shares which are 8.22% of the given capital of Rs. 1.09 Arba to the venture impacted local people of Kaski District (Madi VDC) from 25th Baisakh to 23rd Jestha, 2079. In any case, just 2,81,750 units have been bought out of a sum of 9,00,000. In this manner, the leftover 6,18,250 units withdrawn shares are added to 13,50,000 units (which is 12.33% of offers saved for the overall population) to make a sum of 19,68,250 units for the overall population. In general, 79.45% of offers are from the advertiser investors in the organization.

ICRA Nepal has minimized the guarantor rating of Himalayan Hydropower Limited to [ICRANP-IR] B+ (articulated ICRA NP backer rating B in addition to) from [ICRANP-IR] BB+ (articulated ICRA NP backer rating twofold B in addition to). Backers with this rating are considered to have a high gamble of default in regards to the ideal overhauling of monetary commitments.