IPO Shares of These Three Hydropower Companies Now Listed in NEPSE; What's the Opening Range of Each Companies?

Wed, Aug 17, 2022 12:41 PM on Latest, IPO/FPO News, Share Listed,

1,59,30,000 unit IPO shares of Swet–Ganga Hydropower & Construction Limited (SGHC) have been listed in NEPSE.

The opening price range for the first transaction is Rs. 89.88 to Rs. 269.64.

Out of a total of 1,59,30,000 units shares worth Rs. 1.59 Arba, 23,89,500 units worth Rs. 23.89 crores had been issued as Initial Public Offering to the general public from (Shrawan 04- Shrawan 08, 2079).

Similarly, 1,35,00,000 unit IPO shares of Upper Solu Hydro Electric Company Limited (USHEC) have been listed in NEPSE.

The opening price range for the first transaction is Rs. 108.21 to Rs. 324.63.

The company had issued 19,57,500 unit shares worth Rs. 19.57 crores, which is 14.5% of the total 1,35,00,000 units to the general public from Ashad 20 to Ashad 23, 2079.

Likewise, 58,80,369 unit IPO shares of Mandakini Hydropower Limited (MHL) have also been listed in NEPSE.

The opening price range for the first transaction is Rs.102 to Rs.306.

Out of a total of 58,80,369 units shares worth Rs. 1.35 Arba, 11,76,073 units worth Rs. 11.76 crores had been issued as Initial Public Offering to the general public from (Shrawan 09 till 12th Shrawan, 2079).