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Him Star Energy gets approval from board to issue IPO

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Kathmandu. Him Star Energy Company has received approval from the Securities Board of Nepal for ipo issue.

The Board has given permission to Him Star Energy to issue the IPO today (May 14). Now the company will issue an IPO equivalent to 30 percent of the current paid-up capital.

The company has received permission to issue an IPO worth Rs 11.19 crore. Accordingly, the company will open a total of 1.119 million units of IPO at a face value of Rs 100.

NIC Asia Capital is the ipo sales manager of Him Star Energy.

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