NEPSE lists 9.90 Million units IPO shares of Himalaya Urja Bikas Company Limited

Nepal Stock Exchange Limited (NEPSE) has published a circular regarding the listing of IPO shares of Himalaya Urja Bikas Company.

As per the notice published, 9,900,000 Units IPO Shares of Himalaya Urja Bikas Company Limited has been listed on the stock exchange market. These shares will be freely tradeable after the share price for the first transaction is determined.

The company has been constructing a 12 MW hydropower project in Ramechhap district which has an estimated cost of Rs 3.14 arba where the company has adopted 75:25 debt equity ratio. The Per Megawatt cost of the Company is Rs 16.55 crore. The simple payback period of this project is 6.21 years.