IPO Shares of Shuvam Power and Super Madi Hydropower Listed in NEPSE; What are the Opening Ranges?

20,00,000 unit IPO shares of Shuvam Power Limited (SHUVAM) 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. 88.48 to Rs. 265.44. 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 20,00,000 units of shares worth Rs. 20 crores, 481,882 units worth Rs 4.81 crores had been issued as Initial Public Offering to the general public from (Magh 18-22, 2079).

Similarly, 2,10,00,000 unit IPO shares of Super Madi Hydropower Limited (SMHL) 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. 99.80 to Rs. 299.40. 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 2,10,00,000 units of shares worth Rs. 2.1 Arba, 17,43,000 units worth Rs 17.43 crore as Initial Public Offering to the general public from (Magh 9-12, 2079).