Sahas Urja Limited issuesthe total of 35.00.000 units IPO shares to local public of Solukhumbhu District from 29 Shrawan, 2078. The company is the developer of the 86 MW Solu Khola Dudh Koshi hydro project in Solukhumbhu. If Sahas Urja Limited IPO will not sell all shares then, it will be extended to Bhadra 27, 2078. After finished the distribution to local, it will be open the IPO for General public. The applicants of local can apply this IPO a minimum of 10 units and a maximum of 10,50,000 units from Global IME Bank, Nepal Investment Bank, Laxmi Bank, Machhapuchre Bank, Prime Commercial Bank, Rastriya Banijya Bank and others members bank and financial institution of C-ASBA System Mero share. NIBL Ace Capital Limited is the issue manager for the IPO security.

Sahas Urja Rating got average mark. ICRA Nepal is rating of [ICRANP-IR] BB+ (pronounced ICRA NP issuer rating double B plus) to Sahas Urja Limited IPO share. This means it looks like comparatively weak but market is at boom trend so, it will get a good value at secondary market.
The company has a plan to issue a total of 1.05 crore unit shares to the locals and the general public. After issued the IPO to locals and the general public; the company’s paid-up capital will be reached Rs 3.50 arba. Then the Sahas Urja promoter share is 70% and Public holding will be 30%. The Sahas Urja Share price is Rs.100 per unit for local and general public IPO.
Sahas Urja Company is constructing the Solu Khola Jalbidhut Project in Solukhumbhu district. This is 86 MW project and it’s total investment is 11.86 Arba. In this project, a total of nine bank and financial institution invested and it is leading by Nepal Investment Bank Ltd.
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