Opening Range of Three Star Hydropower

Opening Range of Three Star Hydropower

We have detail information of Opening Range of Three Star Hydropower. It is hydropower company which has started its operations.

Opening Range of Three Star Hydropower

Following is the information of the company.

Introduction

Three Star Hydropower Limited is a public ltd company which was established in 2072 B.S. The project has electricity generating capacity of 7.151 MW and is located at Province 1, Haleshi Tuwachung Municipality, Khotang. The hydro project received Survey License on 2073.07.09 BS and Generation License on 2074.09.03 BS.

Opening Range

The opening range of the company depend upon the audited book value of the recent Fiscal Year. So, the book value of the company of FY 2077/78 is Rs. 85.62. So, the opening range of the company is Rs. 85.65 to Rs. 256.95.

Himalayan Bank Ltd is the issue manager for the IPO.

The company B- rating from ICRA Nepal which means there is high risk of default regarding the timely servicing of financial obligations.

More Information About IPO

Following are the more information:

ParticularInformation
Total CapitalRs. 49,25,00,000.00
Total Issue (Project-affected Locals)Rs. 49,250,000.00
General Public (Including Nepalese citizens working abroad)Rs. 73,875,000.00
Issue ManagerHimalayan Bank Ltd
ICRA RatingB-
Project NameSapsup Khola Small Hydroelectric Project

Note: All the data are taken from the Offer letter.

Other Important Links:

a. EPS of hydropower: CLICK HERE

b. EPS of Commercial Bank: CLICK HERE