The company has stated that it is going to issue 70 Lakh ordinary IPO shares to the public from Ashwin 6. You will have to apply for a minimum of 10 lots of shares and a maximum of 10 Lakh 50 thousand lots of shares. The sales manager of the company is NIBL ​​S Capital Limited. The general public can apply for the shares from Ashwin 6 to Ashwin 10.

Sahas Urja Company IPO Apply Share Process Details

Sahas Urja Company IPO Share Apply Details:
IPO Application open from: Ashwin 6, 2078 BS.
Total IPO Share Unit: 70 Lakhs IPO Kitta
Minimum Shares Apply: 10 Kitta
Maximum number of Shares apply: 10 Lakh 50 thousand Kitta
IPO Application Closing Date (Soon): Ashwin 10, 2078
IPO Apply From : Mero share CDSC website & Nearest Bank with CASBA (Apply Link Given below)
IPO Shares Capital Merchant Office: NIBL Ace Capital Limited
IPO Result Published Date: published later (IPO Result Check Methods are given below)

The company is going to issue an IPO worth Rs 70 Crore to the public in the second phase. Accordingly, the company has stated that it will issue 70 Lakh IPO Shares with a face value of Rs 100 per share. Out of the total shares to be issued, 3 percent or 210,000 shares have been allotted for employees and 5 percent or 350,000 shares have been allotted for collective investment funds. The general public will be able to apply for the remaining 64 Lakh 40 Thousands IPO lots.

Sahas Urja Limited Introduction- Sahas Urja IPO Meroshare Apply

Sahas Urja Ltd.(SUL) established on Magh 2070 B.S as private limited company later converted to public limited company on Bhadra 2071 B.S., comprises of a group of veterans in the field of entrepreneurship having innovative ideas of modern enterprises with advanced development strategies and management concepts. Sahas Urja Ltd. commits to create superior value for all its shareholders and stakeholders and aimed to be among most admired and trusted company in the country. It has planned to contribute to the national economy through accelerated hydropower development.

Hydro Venture Pvt. Ltd. (HVPL), a limited liability company,was established with the main objective to develop, build and operate hydroelectric project in Nepal. The company from its very beginning was focusing on the development of the Solu Khola (Dudh Koshi) Hydroelectric Project. The company had completed Feasibility Study, Environmental Impact Assessmentand Connection Agreement, obtained Generation License from Department of Energy Development (DoED) and finally concluded a Power Purchase Agreement (PPA) with Nepal Electricity Authority on 25th February 2015. Regardless of the license of the Solu Khola (Dudh Koshi) Hydroelectric Project (SKDKHEP) under Hydro Venture Pvt. Ltd., (a 100% subsidiary of Sahas Urja Ltd) the project was being developed by the Sahas Urja Limited (SUL). At this point HVPL has been completely acquired by (SUL) with the endorsement from Company Registrar’s Office (Received on 12th March 2017), licenses transferring process from HVPL to SUL was completed on 2074/1/29 B.S.

The post Sahas Urja Ltd Open IPO Shares Apply Meroshare CDSC IPO appeared first on SchoolNp.