Kathmandu. Rapti Hydro and General Construction Limited has applied to the Nepal Securities Board (Cebon) for the IPO. The company has applied to the board on August 25 for the issuance of 2.94 million 410 lots of IPO.

The sales manager of this IPO is Muktinath Capital Limited. The company has sought permission from the regulatory body to sell an IPO worth Rs 294.14 million to the project-affected locals and the general public.