Green Ventures Limited IPO Updates: Oversubscribed Over 1.89 Times On First Day
Green Ventures Limited IPO Updates: Oversubscribed Over 1.89 Times On First Day
Green Ventures Limited IPO is now available for the Public as It has opened the IPO issue for 31,25,000 unit shares to the public from 8th Chaitra. 93,750 units have been allocated for employees while 1,56,250 units are for mutual funds. The remaining 28,75,000 shares are available for the individual public. Green Ventures IPO will close on 11th Chaitra, 2078. If not subscribed by the early closing date, the deadline of the IPO will be extended till 22nd Chaitra
Like previous IPOs, There is massive interest from the Public on Green Ventures IPO as Green Ventures Limited IPO has been oversubscribed over 1.89 times on the first day itself. 4,32,421 applicants have applied for a total of 54,58,960 units. CARE Ratings Nepal Limited (CRNL) has rated [CARE-NP BB(Is) [Double B (Issuer Rating)].
Green Ventures Limited has developed a 52.4 MW run-of-river, Likhu-4 Hydropower Project (L4HP) in Okhaldhunga and the Ramechhap district of Nepal.
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