The Upper Lohore Khola Hydropower Company Limited has successfully listed 50,98,040 units of its IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the company’s promoters as well as shares issued to the general public and project-affected locals.
For the first trading day, the IPO shares will be available in a price range of Rs. 97.87 to Rs. 293.61. If the company enters into an agreement with NEPSE, these shares will become tradable in the secondary market on the following day.
Out of the total shares offered, which are valued at Rs. 50.98 Crore, 19,53,279 units worth Rs. 19.53 Crores were made available to the general public during the IPO period, which ran from the 18th to the 22nd of Shrawan in the year 2080.
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