Upcoming IPO in Nepal: Dolti Power Company to issue 1644,000 primary shares

Dolti Power Company to issue 1644,000 primary shares

Dolti Power Company Limited will issue common stock to the general public. The company filed an application with the Nepal Securities Board for this purpose. The company has requested permission from the board to issue an IPO of 16 lakh 9 thousand 458 shares worth 16 crores 9 lakh 45 thousand 800 rupees.

Following approval from SEBON, the company will issue a preliminary eviction notice to residents and the general public in the project’s affected area. NIC Asia Capital has been appointed as the primary share issue and sales manager by the company. Ghorahi Cement had previously applied to the board for permission to issue an IPO.

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