IPO Shares of the Sagarmatha Jalvidyut Company and the Molung Hydropower Company are Listed on the NEPSE

IPO Shares of the Sagarmatha Jalvidyut Company and the Molung Hydropower Company are Listed on the NEPSE | Opening Range

The NEPSE has listed 80,25,000 Molung Hydropower Company Ltd unit IPO shares. Together with the quantity distributed to the general public and the communities impacted by the project, this also includes the shares owned by the promoters.

Rs. 60.62 to Rs. 181.86 is the initial trading range for the first transaction. In the event that the firm and NEPSE reach an agreement, the IPO shares will start trading on the secondary market the next day.

A total of 80,25,000 shares worth Rs. 80,25 billion were issue as initial public offerings to the general public, however only 22,64,655 shares worth Rs. 22.64 billion were done so (Falgun 4- 10, 2079).

Similar to this, NEPSE has listed 1,12,00,000 unit IPO shares of Sagarmatha Jalvidyut Company Limited. Together with the quantity distributed to the general public and the communities impacted by the project, this also includes the shares owned by the promoters.

The initial transaction’s opening price range is between Rs. 111.41 to Rs. 334.23. In the event that the firm and NEPSE reach an agreement, the IPO shares will start trading on the secondary market the next day.

35,81,760 units of Rs. 35.81 crores were distributed as part of the initial public offering (IPO) to the general public out of a total of 1,12,00,000 units of shares worth Rs. 1.12 Arba (8th -12th Chaitra, 2079).

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