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

54,25,833 unit IPO shares of Menchhiyam Hydropower Limited (MCHL) 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 opening range for the first transaction is Rs. 77.45 to Rs. 232.35. 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 54,25,833 units of shares worth Rs. 54.25 Crore, 934,915 units worth Rs 9.34 Crore were issued as Initial Public Offerings to the general public (Baisakh 4- 7, 2080).