Chhyangdi Hydropower trading starts in NEPSE from today; Trading range from Rs 98-294

Trading of Chhyangdi hydropower Company Limited  has been started in Nepal Stock Exchange Limited (NEPSE) from today (Shrawan 19, 2074). As per the notice published in NEPSE today, the open range is set within range of Rs 98 – Rs 294 for the first transaction. The symbol has been set as CHL. Chhyangdi Hydropower had listed 21,60,000 units shares in Nepal Stock Exchange for trading. Chhyangdi Hydropower had allotted its 5,40,000 units IPO shares on Asadh 17, 2074. Allotment for investors who had applied up to 710 units (Rs 71,000) was decided through lottery, and were allotted 10 units on lottery basis. Other investors who had applied more than 710 units were allotted 1.25% on pro-rata basis.