The Securities Board of Nepal (SEBON) has granted permission to the Himalayan Urja Bikash Company Ltd to issue the initial public offerings (IPOs) worth Rs 148.5 million.
The company has a permit to open 1,485,000 units of share for public offering at Rs 100 per unit. Nabil Investment Banking Limited is the issue manager.
Earlier, the company, sold share of worth Rs 99 million (which makes up 10 per cent of the total issued capital of Rs 990 million) for people of Dolakha and Ramechhap districts affected by its projects.
The company is developing the 12-megawatt Upallo Khimti and 7-megawatt Upper Khimti.
One hundred and six people have been found infected with dengue in Chitwan district in one month. According to the District Health Office, Chitwan, such number of dengue infected people was detected in course of carrying out blood tests of 453 people from July 17 to August 17. Vector Controller of the Office, Ram KC,…