IPO Shares of Manakamana Engineering Hydropower Now Listed in NEPSE; What are the Opening Ranges?

80,00,000 unit IPO shares of Manakamana Engineering Hydropower (MEHL) have been listed in NEPSE. This includes the shares held by promoters and the quantity issued to the general public and project-affected locals.

The open price range for the first transaction is Rs. 74 to Rs. 222. The IPO shares will be traded in the secondary market the next day if the company signs an agreement with NEPSE.

Out of the total 80,00,000 units of shares worth Rs. 80 crores, 22,76,620 units worth Rs. 22.76 crores were issued as Initial Public Offerings to the general public (28th to 31st Shrawan, 2080).

Note that the listed shares will traded under the symbol 'MEHL'.