Sahas Urja and Tehrathum Hydro’s IPO listed, available for sale from Sunday
November 29, 2078 14:24 VikasNews
Kathmandu. Shares of Sahas Urja and Tehrathum Hydropower Company have been listed on the same day. The shares of both the companies were listed on the Nepal Stock Exchange (NEPSE) on November 25 after the two agreed to list ordinary shares.
Out of which, a total of 35 million shares of Sahas Urja and a total of 4 million ordinary shares of Tehrathum Power have been listed in Nepse. In addition, shares of both the companies will be available for purchase and sale in the secondary market from Sunday, November 30. In addition, shares of both the companies will be available for purchase and sale in the secondary market from Sunday, November 30.
Nepse has specified the range of both the companies for the first transaction in the secondary market. Out of which, the first transaction of Sahas Urja will be available at a minimum of Rs 135.11 and a maximum of Rs 405.33. For trading in the secondary market, Nepse has designated SAHAAS, the stock symbol of Sahas Urja.
Similarly, the opening range of Tehrathum Power has been set at a minimum of Rs 84.74 and a maximum of Rs 254.22. At the same time, investors will be able to trade first within the range from the company’s stock symbol ‘TPC’.