KATHMANDU, July 13: Singati Hydro Energy Ltd has appointed Mega Capital Markets Ltd as the issue and sales manager of its Initial Public Offering (IPO). The company is preparing to issue 4.35 million unit shares worth Rs 430.50 million for the public at the face value of Rs 100 by mid-October. Among that, 1.45 million unit shares are for the locals living in the areas affected by the project, and 2.9 million is for the general public.