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Vikas Hydropower has opened its initial public offering (IPO). Prabhu Capital Limited is the issuing and selling manager of Hydropower, which has opened its IPO by next Sunday.
Sarvasadharan has opened applications for 29 lakh 42 lakh 760 shares. Till Friday, 14 lakh 78 thousand 839 applicants have applied for 1 crore 82 lakh 24 thousand 320 shares.
Vikas has been producing commercial electricity since February 2079 from the 4.55 MW Upper Machakhola small hydropower project promoted by Vikas Hydropower.
