Kathmandu. CEDB Hydropower Development Company is going to issue 25 lakh 18 thousand 230 ordinary shares at the face value of Rs. 100 per share from Friday (April 4). Out of this, the company will issue 25 or 50 thousand 365 shares to employees and 55 to 125 thousand 911 shares. Mutual funds have been set aside. The general public can apply for the remaining 2.341 million 954 shares.

Two hydropower projects are being implemented in Lamjung district with the investment of this company by constructing 4.40 MW Radhi Power Company and 0.18 MW Sagege Khola Hydropower Project.

Established in 2009, CEDB Hydropower Limited has an earnings per share of 13.05 and net assets per share of 138.79. The company has managed to distribute 10.54 percent cash dividend in FY 2075-76 and 7.37 percent in FY 2076-77 and has projected to pay dividend in the coming fiscal year as well. After the sale of ordinary shares, the share ratio of the founder and the general public will be 70:30. At present, the paid up capital of this company is 587.59 million. After the sale of ordinary shares, the company's paid up capital will be Rs. 839.41 million.