Nepal Solar Farm to Issue 12 Lakh Public Shares with Global IME Capital as Manager

Nepal Solar Farm to Issue 12 Lakh Public Shares
Nepal Solar Farm to Issue 12 Lakh Public Shares

Nepal Solar Farm Limited has appointed Global IME Capital Limited as the issuing and selling manager for its upcoming public issue of 12 lakh ordinary shares, each with a face value of Rs. 100, totaling Rs. 12 crore. The agreement between the two entities was signed at a special program held at the registered office of Global IME Capital Limited in Kathmandu. The key details about Nepal Solar Farm to Issue 12 Lakh Public Shares are given in the table below:

Detail Information
Face Value Rs. 100
Total Worth of Public Issue Rs. 12 Crore
Issuing and Selling Manager Global IME Capital Limited
Number of Ordinary Shares 12 lakh
Agreement Signing Location Registered office of Global IME Capital Limited, Kathmandu
Company Conversion From private to public in 2080
Company’s Central Office Location Bafal, Kathmandu
Authorized Capital Rs. 30 Crore
Issued Capital Rs. 25 Crore
Project Location Shimle, Ward No. 6, Rupakot Rural Municipality, Kaski District
Project Initiation Date Kartik 14, 2079
Commercial Production Status Commenced
Connection National transmission line

Nepal Solar Farm Limited was established as a private company in 2074 and became a public corporation in 2080. The company’s head office is located in Bafal, Kathmandu. The solar farm project has an authorized capital of Rs. 30 crore and an issued capital of Rs. 25 crore. The farm project is in Shimle, Ward No. 6 of Rupakot Rural Municipality, Kaski District.

The project began on Kartik 14, 2079, and has since started commercial electricity production, connecting to the national transmission line. Nepal Solar Farm Limited aims to expand its investments in the solar energy sector, supported by notable figures in the solar and other energy-related industries.

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