Hathway Investment Nepal Limited (HATHY) had an extraordinary start on its first trading day. Their IPO, initially priced at Rs. 50 per share, exceeded all expectations by soaring to an impressive Rs. 313.7, representing a remarkable 9.99% increase.
The IPO offered 24,27,750 unit shares to the general public and was listed with a total of 2,34,00,000 shares the previous day. On the first trading day, NEPSE set an opening range of Rs. 95.09 to Rs. 285.27 for Hathway Investment. Surprisingly, trading began at Rs. 285, indicating a highly active and enthusiastic market for the company.
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