Opening Range of Menchhiyam Hydropower

Opening Range of Menchhiyam Hydropower

We have detail information’s of Opening Range of Menchhiyam Hydropower. The company has issued the share to the local people of the project located, Nepalese working in abroad and for general investor.

Opening Range of Menchhiyam Hydropower

About Company

Menchhiyam Hydropower Limited is a hydropower public ltd company in Nepal. It was incorporated on 8th November 2017 as a private company and later on 15th July 2021 converted into public ltd company. The company produces 4.72 MW electricity to serve the people.

Issue Manager for the IPO is NIC Asia Capital Ltd.

Opening Range

The opening range of the company depends upon the book value of the company. So, the book value of the company is Rs. 77.45. Hence, the opening range of the company is Rs. 77.45 to Rs. 77.45.

The company has got BB rating from the ICRA Nepal for issuing IPO. The share of the company will be traded after listing in NEPSE (Nepal Stock Exchange)

More Details About IPO

Following is the detail information of the IPO.

CapitalRs. 542,583,300.00
Total Issue (Project-affected Locals)Rs. 54,258,330.00
Total Issue (Nepalese citizens working abroad)Rs. 10,851,666.00
Issue ManagerNIC Asia Capital Ltd
ICRA Nepal Rating BB
Minimum Application10 units
Maximum Application10,000 units

Other Important Links:

a. EPS of Hydropower Company: CLICK HERE

b. EPS of Commercial Banks: CLICK HERE

c. EPS of Microfinance Company: CLICK HERE

Frequently Asked Question

a. What is Opening Range of Menchhiyam Hydropower?

= We have the detail information the opening range of the company. You can visit our website for further information.

b. IPO date and IPO Result Date?

= The Issue manager announce the IPO date and IPO result date and does all the arrangement accordingly.

c. Issue Manager of IPO of Menchhiyam Hydropower?

= NIC Asia Capital Ltd is the issue manager for IPO issue.