NEPSE Lists IPO of Mid-Solu and Bhagwati Hydropower; What are the Opening Ranges?

Oct 11, 2023 01:01 PM Merolagani

Nepal Stock Exchange (NEPSE) has listed initial public offering (IPO) of Mid-Solu Hydropower and Bhagwati Hydropower Development Company on October 11.

On the day, NEPSE listed 7,484,000 units of shares including 1,496,800 units ordinary shares and 5,987,200 units promoter shares of Mid-Solu Hydropower.

For the first transaction, NEPSE has given an opening range of Rs 100 to Rs 300 to the stock. Moreover, NEPSE assigned (MSHL) code to the company.

Similarly, NEPSE listed 5,720,647 units of shares including 1,430,162 units ordinary shares and 4,290,485 units promoter shares of Bhagwati Hydropower.

For the first transaction, NEPSE has given an opening range of Rs 120 to Rs 361.23 to the stock. Moreover, NEPSE assigned (BGWT) code to the company.

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