IPO shares of United Idi-Mardi and R.B. Hydropower Listed; What's the opening range?

Fri, Dec 18, 2020 1:09 PM on IPO/FPO News, Share Listed, Latest,

The shares of United Idi-Mardi and R.B. Hydropower Limited have been listed by NEPSE's decision of Poush 01.

The hydropower company recently concluded its IPO issue for 8,73,910 units. Out of the offered 8,73,910 units; 17,478 units were set aside for the employees of the company and 43,696 units were set aside for the mutual funds. The remaining 8,12,736 units were for the general public.

A total of 42 lakh shares of the company (including promoter and ordinary shares) are now listed in NEPSE. The shares are tradable from Sunday, i.e. Poush 05. The opening range is Rs. 98.79 to Rs. 296.37 for the first transaction.

Global IME Capital will provide RTS services to the company.