IPO Approved by SEBON

2076-11-11

Liberty Energy Company Limited has received approval to issue 3,750,000 ordinary shares to the public at par value of Rs.100 per share to raise capital worth Rs.37.50 Crore. Out of this, 1,500,000 units (10% of total capital) are for the local people of the project affected area and 2,250,000 units (15% of total capital) are for the general public.

NIBL Ace Capital Limited has been appointed as the issue manager.

ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4 to the Rs.37.50 Initial Public Offer of Liberty Energy Company Limited. Instruments with this grading are considered to have below-average fundamentals.

The company is developing the 25 MW Upper Dordi ‘A’ HEP in Faleni and Dhodeni VDC, Lamjung district of western Nepal.

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Contact Information
Liberty Energy Company Ltd.
Stock House, Kalikasthan, Kathmandu, Nepal
Tel: +977-1-4443545