Himalayan Power Partner trading to start in NEPSE from Sunday; Trading range from Rs 100-300

Trading of Himalayan Power Partner Limited will start in Nepal Stock Exchange Limited (NEPSE) from Sunday (Bhadra 4, 2074). As per the notice published in NEPSE today, the open range is set within range of Rs 100 – Rs 300 for the first transaction. The symbol is set as HPPL. Himalayan Power Partner Limited has listed 1,06,54,170 units IPO shares in NEPSE. Himalayan Power has issued 21,30,834 unit shares worth Rs 21.30 crore as part of its Initial Public Offering (IPO) for the general public on Ashad 1, 2074. Allotment of the hydropower company was concluded through new allotment module in which all applicants are allotted with minimum 10 units shares. The authorized capital of company is Rs 2.70 arba.  The paid up capital of the company remains at Rs 85.23 crore. After the IPO for the general public, the paid up will reach Rs 1.06 arba.