Rawa Energy issuing IPO : We can buy 10,000 unit shares from18th Jestha 2080.

May Mon 2023 02:08:12

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Rawa Energy issuing IPO : We can  buy 10,000 unit shares  from18th Jestha 2080.

Kathmandu. Rawa Energy Development is going to open the IPO issue and sale to general investors from 18th Jestha 2080. The company is going to open share sale of 30 percent of the issued capital of 28 million rupees, i.e. 84 million rupees.

The company will sell 696 thousand 330 shares to general investors by adding 1 lakh 92 thousand 330 shares to the residents of the project affected areas. Out of which, 15 thousand 47 shares of employees, 37 lakh 616 shares of collective investment fund and 6 lakh 43 thousand 667 shares of common investors can apply.

Company's IPO, they can apply for a minimum of 10 shares to a maximum of 10,000 shares. You can apply for the IPO of the company by June 22 at the earliest and by May 32 at the latest. Prabhu Capital Limited is the IPO issue and sales manager of the company. In the company's IPO, investors can apply through the Siasba system from authorized banks and financial institutions. Care Rating Nepal has awarded Care NP Double B Issuer Rating to the company. This indicates that there is an average risk in the ability of the company to bear its obligations.