Stock trading of Radhi Vidhyut to start from next week

Mar 19, 2018 Merolagani

Stock trading to Radhi Bidhyut Company (RBCLL), that issue initial public offering (IPO) to general public a few months back, is starting from the next week. The company listed 4.1 million units of shares in Nepal Stock Exchange (NEPSE).

Radhi Bidhyut issue 764,550 units of IPO on December 18-21.

In the IPO, 71,102 applicants were provided 10 units of shares whereas one applicant was provided 11 units of shares.

Earlier, the company issued 410,000 units of shares to locals of affected area.

Radhi Bidhyut has authorized capital of Rs 1.50 billion and issued capital of Rs 410 million. After the IPO issuance, its paid-up capital has totaled Rs 410 million.

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