Nepal, June 6 -- Him Star Urja Company Pvt Ltd is set to issue its IPO from June 13. In the first phase, the company is issuing the IPO for Nepali workers employed abroad and locals affected by the project.

The company has allocated 186,500 shares worth Rs 18.65 million at a face value of Rs 100 per share specifically for the affected locals.

According to the company, the affected locals eligible to apply include residents of Khijidemba Rural Municipality, Ward No 8 (formerly Bhusinga VDC, all wards) of Okhaldhunga district, and Likhu Pike Rural Municipality, Ward No 2 (formerly Wards 1, 2, 3, 4, and 5 of Goli VDC) in Solukhumbu district.

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The affected locals can a...