Ruru Hydropower to open IPO sale from Falgun 7, who will get to fill it?

 Ruru Hydropower Project is going to issue IPO. The company has stated that it will issue IPO to the locals affected by the project from Feb 19. The company is going to sell 47,705 IPO lots to the locals of Gulmi district affected by the project.

Applications can be submitted till March 5. If all the shares are not sold within the stipulated time, the application time will be extended till March 21. Locals will be able to fill the IPO at Rs 100 per share.

A minimum of 10 lots and a maximum of 400,000 lots can be applied.