Laxmi Sunrise Capital Appointed as Issue Manager for Moonlight Hydropower's IPO

Mon, Oct 28, 2024 8:48 AM on Latest, IPO/FPO News, Corporate,

Laxmi Sunrise Capital (LS Capital) Ltd. has been appointed as the issue manager for Moonlight Hydropower Company Limited's upcoming IPO, involving 17,610,050 units.

A formal agreement was signed between LS Capital’s CEO, Mr. Bijaya Lal Shrestha, and Moonlight Hydropower’s CEO, Mr. Ananta Karki, to ensure efficient IPO management.

Moonlight Hydropower is developing the 22.14 MW Balephi A Hydropower Project, which is 70% complete. This partnership aims for a smooth and successful IPO process.