Suryakunda Hydro Electric Limited will open its IPO to the general public on February 1, issuing 1.3 million shares worth Rs 137.9 million. After allocations for locals and migrant workers, 572,431 shares will be available to the public. Managed by Kumari Capital, the company recently completed the 11 MW Upper Tadi Khola project. Care Ratings Nepal has assigned the IPO a BB- rating.
