Upper Lohore Hydropower IPO – Apply Share

Upper Lohore Hydropower IPO


Upper Lohore Hydropower will float an IPO(Initial Public Offering) of 24,98,040 units of shares worth Rs. 24,98,04,000 which means Rs. 100 per unit of share. The company will float share in two phases first it will be open to the project-affected locals and eligible foreign employees, and in the second phase, it will be open to the general public.

Upper Lohore Hydropower has appointed Nic Asia capital limited as the issue manager and will be responsible for issuing the Initial Public offering(IPO).

The main aim of the company to issue the IPO is to build the hydropower project and Pay the loan. The company got the approval to issue an IPO on 2080/02/24, the company submitted the application to SEBON on Ashwin 13, 2078. After the completion of the issuance of the IPO(if fully subscribed) then the company structure will be 51 % and 49 % of promoter and public.

How to apply share online from Meroshare?
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Company Details

Upper Lohore Hydropower is constructing the hydropower project in the Dailekh district of Karnali province. The company was registered as a private company on November 10, 2017, and later it was converted to a public company in. The installed capacity of the hydropower company is 4MW.

To know more about the company click here.

How many shares you should apply for?

It is recommended to apply for 10 units of shares for the general public.

Is it a good company?

In the near future, it will be a good company after generating electricity.

When will the IPO result of the upper Lahore hydropower?

It will happen in the 3rd week of the Ashar.

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