We have information on the opening Range of Om Megashree Pharmaceuticals.
Opening Range of Om Megashree Pharmaceuticals
Following are the information on the Opening Range.
About the Company
OMPL is a public limited company was incorporated on June 12, 2016. It is promoted by group of institutional and individual promoters of Nepal for manufacturing pharmaceuticals products at a plant located in Chitwan, Nepal. The company has commenced partial operations from February 19, 2024.
Opening Range
The Opening Range of the company depends on the book value of audited book value of recent fiscal year. Hence, the book value as per the Fiscal Year 2080/81 is Rs. 105.03. So, the opening range of the company is Rs. 105,03 to Rs. 315.09.
Prabhu Capital Limited is the issue issue manager.
CARE Rating
CARE Ratings Nepal Limited (CRNL) has reaffirmed the rating of ‘CARE-NP BB- (Is)’ assigned to Om Megashree Pharmaceuticals Limited (OMPL). Issuers with this rating are considered to offer moderate risk of default regarding timely servicing of financial obligations, in Nepal.
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About IPO
The company’s capital is Rs. 60 Crores after IPO, of which 30%, i.e., 18,00,000 unit shares worth Rs. 18 Crores will be issued later for the general public. Of this public issue, 10% of the shares, totaling 1,80,000-unit shares, will be issuing for the Nepalese citizens working abroad.
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