IPO Shares of Molung Hydropower Company and Sagarmatha Jalvidyut Company Listed In NEPSE; What are the Opening Ranges?

Wed, Apr 12, 2023 2:12 PM on Latest, IPO/FPO News, Share Listed,

80,25,000 unit IPO shares of Molung Hydropower Company Limited 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. 60.62 to Rs. 181.86. 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 80,25,000 units of shares worth Rs. 80.25 Crores, 22,64,655 units worth Rs 22.64 crore were issued as Initial Public Offerings to the general public (Falgun 4- 10, 2079).

Similarly, 1,12,00,000 unit IPO shares of Sagarmatha Jalvidyut Company Limited 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. 111.41 to Rs. 334.23. 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 1,12,00,000 units of shares worth Rs. 1.12 Arba, 35,81,760 units worth Rs 35.81 crore were issued as Initial Public Offering (IPO) to the general public (8th -12th Chaitra, 2079).