We will know Opening Range of Shuvam Power Ltd.
About Company
Shuvam Power Limited is a public limited hydropower company. It was established in 2004 and later converted into public ltd in 2015.
The company got rating of BB+ from Care Rating Nepal. It means moderate risk of default regarding timely servicing of financial obligation.
Opening Range of Shuvam Power Ltd
Opening Range of the company depends upon the book value of audited financial statement. As the audited financial statement of FY 2078/79, the book value of the company is Rs. 88.48. So, the opening range of the company is Rs. 88.48 to Rs. 265.44.
The company has issued 4,00,000 units of share at Rs. 100 worth Rs. 4,00,00,000.
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