Ngadi Group Power share trading begins from today; Trading range starts from Rs 92 to Rs 277

Ngadi Group Power Limited (NGPL) and Nepal Stock Exchange Limited (NEPSE) had signed an agreement to register 48, 68,680 units ordinary shares on Bhadra 14, 2073. The trading has commenced in NEPSE from today (Bhadra 22, 2073). As per the notice published on NEPSE, the open range is set with range from Rs 92 to Rs 277 for the first transaction. The stock symbol for Ngadi Group Power Limited is set as NGPL. Ngadi Power Group had floated its Initial Public Offering (IPO) worth Rs 9.73 crore (9, 73,737 lakh units shares) from Chaitra 21, 2072 till Chaitra 25, 2072. Ngadi Power has appointed Siddhartha Capital Limited as its Registrar to the Share (RTS). Siddhartha Capital will be providing various share related transactions such as ownership transfer of shares, signature verification, dividend distribution, and all other services related to share registration from its office located in Babarmahal, Kathmandu.