Super Khudi Hydropower Appoints Global IME Capital As IPO Issue Manager

Thu, Jan 25, 2024 4:14 PM on Latest, IPO/FPO News,

Super Khudi Hydropower Limited has appointed Global IME Capital Limited as the issue and sales manager for the issuance of its IPO shares. The hydropower project plans to issue 6,975,000 ordinary shares to the general public at a face value of Rs 100.

The signing agreement was conducted by Mr. Rabi Kumar Gautam, Senior Project Manager on behalf of Super Khudi Hydropower, and Mr. Mandip Luitel, CEO on behalf of Global IME Capital.

Super Khudi Hydropower has an authorized capital of 1 billion 75 million rupees and an issued capital of 1 billion 55 million rupees. The Super Khudi hydropower project, located in Ward No-2 of Marsyangadi Rural Municipality in Lamjung District, is under construction. Once completed, it will generate 26 megawatts of electricity from the Khudi River.