IPO Shares of City Hotel Limited Now Listed in NEPSE; What are the Opening Ranges?

Thu, Jun 8, 2023 1:50 PM on Latest, IPO/FPO News, Share Listed,

1,67,40,000 unit IPO shares of City Hotel Limited have been listed in NEPSE. This includes the shares held by promoters and the quantity issued to the general public.

The opening range for the first transaction is Rs. 87.83 to Rs. 263.49. The IPO shares will trade in the secondary market the next day if the company signs the agreement with NEPSE.

Out of a total of 1,67,40,000 units of shares worth Rs. 1.67 Arba, 16,74,000 units worth Rs 16.74 Crore were issued as Initial Public Offerings to the general public (Baisakh 25- 28, 2080).