River Falls Power Limited (RFPL) IPO to the general public has been published from Baisakh 28, 2079. The early closing date of RFPL IPO to General Public is on 4th Jestha. If it is not fully subscribed within the date then the IPO will be extended up till 11th Jestha, 2079.
River Falls Power Limited IPO
River Falls Power Limited IPO : The River Falls Power Limited will issue 27,30,000 units of ordinary shares worth Rs. 27.30 crores at par value of Rs. 100 for the IPO. This is 39% of the company’s issued capital. 2% of the issue worth 54,600 shares is secured for employees of the River Falls Power and 5% worth 1,36,500 shares is secured for mutual funds. The remaining 25,38,900 units are perfectly open to the general public.
Prabhu Capital Limited is the issue manager. Applications can apply for a minimum of 10 units to a maximum of 100,000 units for the IPO. CARE Rating Nepal gave ‘CARE-NP BB-(Is)’ to River Hills Power Limited. This means moderate risk of default regarding timely servicing of financial obligations for the company.
River Falls Power Ltd (RFPL) is a Public limited company and integrated on October 5, 2004, as a private limited company. RFPL was converted to a public limited company in October 2015. The RFPL has been set up to build, own and operate a 10.30 MW run-of-river, Down Piluwa Khola Small Hydropower Project in the Sankhuwasabha district of Nepal.
The company works towards the electrification of the nation by supporting government by producing the electricity. Energy is a basic means meeting both the basic requirements of life support system and executing all development efforts. The company thus has planned to contribute towards the solution of present power shortage by developing hydropower projects as well to contribute towards the rural economic development of Nepal.
How to apply for River Falls Power IPO
Are you looking for How to apply for River Falls Power IPO, here is the process of How to apply for River Falls Power IPO for the general public.
If you are thinking about How to apply River IPO from MeroShare ? or how to apply IPO online in Nepal, you need to go https://meroshare.cdsc.com.np/#/login page. How to apply ipo through asba ? The same method for apply IPO though ASBA. So, the following steps to know how to apply ipo from mero share ? or how to apply ipo from meroshare ?
- Go to official website www.meroshare.cdsc.com.np meroshare cdsc com np login
- Select Your DP (Bank or Capital where you open your mero share and CRN account)
- Enter the user name and password,
- Click on login bottom
- Go to my ASBA
- Click on my ASBA
- See on the Apply on issue
- Click on the Apply bottom
- Fill the required information (Select bank account, number of applied share)
- Enter the CRN number in same page and click on all information is current option,
- Then click on apply
- Then write the four digit security code or OTP
- Then submit
- Application was completed; you will see that successfully applied with green color.