IPO Shares of Modi Energy and Rawa Energy Development Listed In NEPSE; What are the Opening Ranges?
Tue, Jul 4, 2023 12:49 PM on Latest, IPO/FPO News, Share Listed,
2,90,00,000 unit IPO shares of Modi Energy Limited (MEL) 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. 92.57 to Rs. 277.71. 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 2,90,00,000 units of shares worth Rs. 2.9 Arba, 55,59,420 units worth Rs 55.59 crore were issued as Initial Public Offerings to the general public (Baisakh 19- 24, 2080).
Similarly, 28,00,000 unit IPO shares of Rawa Energy Development Limited (RAWA) have also 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. 83.10 to Rs. 249.30. 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 28,00,000 units of shares worth Rs. 28 Crores, 643,667 units worth Rs 6.43 Crores were issued as Initial Public Offerings (IPO) to the general public (Jestha 18- 22, 2080).
