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Last Call for Investors: Snow Rivers Limited IPO Closes Today!

Snow Rivers Limited's IPO closes today. General investors can apply for a minimum of 10 units at Rs 100.

Published By Share Gyan
Last Call for Investors: Snow Rivers Limited IPO Closes Today!

Snow Rivers Limited is officially wrapping up its IPO issuance for the general public today, offering a final window for investors to participate in its 13.5 MW Super Kabeli Khola 'A' hydropower project. Following the successful allotment of shares to project-affected locals and migrant workers, the company is offloading 778,125 ordinary shares to the public. With a per-megawatt cost of approximately Rs 201.4 million and a payback period of roughly 8 years, the project presents a mid-range investment opportunity in Nepal’s energy sector. Investors interested in diversifying their portfolios have until the close of banking hours today to apply for a minimum of 10 units via MeroShare or their respective C-ASBA linked bank accounts.

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