Ru Ru Jalbidhyut Pariyojana Limited has appointed NIBL Ace Capital Limited as its share registrar.
The company issued an IPO to the general public from 20th Chaitra till 24th Chaitra, 2077. The company issued 4,07,706 unit shares to the general public at Rs 120 per share including Rs 20 as a premium amount. 2% of the issue, i.e. 8,154 units were set aside for the employees of the company and another 5% to mutual funds i.e 20,385 units. The remaining 3,79,167 units were purely for individual investors.
Ru Ru Jalbidhyut Pariyojana Limited is a Public Limited Company incorporated in Nepal under the Companies Act, 2006 having its registered office at Hattisar, Kathmandu. The project has been in operation since March 2015. The understanding for the same was signed on April 18, 2021 between Mr. Ashish Subedi (Chairman, Ru Ru Jalbidhyut Pariyojana Limited), Mr.Mekh Bahadur Thapa (Deputy Chief Executive Officer, NIBL Ace Capital Ltd.) and Mr. Sachindra Dhungana (Assistant General Manager, NIBL Ace Capital Ltd.).
As on date, NIBL Ace Capital Limited is the share registrar of 47 companies including Ru Ru Jalbidhyut Pariyojana Limited.