Ruru Hydropower Project Limited has got permission to issue ordinary shares (IPO). The Nepal Securities Board (NSB) has given permission to the company to issue an IPO worth Rs 81.5 million on January 6.
Out of which 4 lakh 7 thousand 705 lots will be issued for project affected locals and 4 lakh 7 thousand 706 lots will be issued.
The company paid Rs. 100 per person and Rs. An IPO of 120 is about to be issued.
The IPO sales manager is NMB Capital Limited
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