Ru Ru Jalbidhyut to issue IPO on premium price from Chaitra 20
Ru Ru Jalbidhyut is going to issue IPO( Initial Public Offerings) from Chaitra 20 till Chaitra 24 on premium price of Rs 120 per share. The company is issuing 4,07,706 unit shares to the general public among which 5% (20,385 share unit) are separated for mutual funds and 2% (8,154 share units) have been set aside for the employees of the company. One can apply minimum 10 shares to maximum 3,79,167 share units.
ICRA Nepal has assigned a grading of [ICRANP] IPO Grade 3, indicating average fundamentals. NMB Capital Limited has been appointed as the issue manager for the IPO issuance.
Applicants who has Meroshare application can apply through Meroshare or it can be applied through the ASBA member's bank and financial institutions.
IPO Open Date: 2077-12-20
IPO Close Date (Early): 2077-12-24 (Banking Hours)
IPO Close Date (Lately): 2078-01-03 (Banking Hours)
Recommended quantity to apply: Since DMAT account holders are increasing day by day we recommend to apply not more than 10 share as the distribution will be done by lottery system.
Ru Ru Jalbidhyut Project fact sheet
Fact Sheet:
| Developer ratio (70:30) | : Sahas Hydro Power Company Limited and existing team of Ru Ru is investing in |
| Source | : Hugdi Khola |
| District | : Gulmi District |
| Catchments area | : 120 Square Kilometer |
| Design Discharge | : 3.75 m3 /s in 43.5 percent Excedence flow |
| Gross Head | : 184.5 m |
| Net head | : 160 m-171.17m |
| Installed Capacity | : 5.0 MW |
| Dry season energy | : 5.49 GWh/ year |
| Wet season | : 22.77 GWh/year |
| Total energy | : 28.26 GWh/year |
| Project Cost | : 74.94 Crore |
| Annual Revenue | : NRs. 15.54 Crore |
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