NEPSE Lists IPO of Rawa Energy and Modi Energy, What is the Opening Range?

Jul 04, 2023 02:21 PM Merolagani

Nepal Stock Exchange (NEPSE) has listed initial public offering (IPO) of Rawa Energy and Modi Energy on July 4.

On the day, NESPE lists 2.8 million units of shares including 840,000 units ordinary shares (issued to foreign migrated workers, locals of affected area and employees and general public) and 1,960,000 units promoter shares of Rawa Energy.

NEPSE has provided an opening range of Rs 83.10 to Rs 249.30 for the first transaction. NEPSE has assigned (RAWA) code to the company.

Similarly, NESPE lists 29 million units of shares including 7,250,000 units ordinary shares (issued to foreign migrated workers, locals of affected area and employees and general public) and 21,750,000 units promoter shares of Modi Energy.

NEPSE has provided an opening range of Rs 92.57 to Rs 277.71 for the first transaction. NEPSE has assigned (MEL) code to the company.

 

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Himalayan Distillery’s Net Profit Declines by 39.5%

May 03, 2024 08:49 AM

Himalayan Distillery (HDL) has published its third quarter report of the current FY. As per the report, the company recorded a decline in sales during the review period compared to the corresponding period of the last FY.