Home Opening Range Opening Range of Menchhiyam Hydropower

Opening Range of Menchhiyam Hydropower

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Opening Range of Menchhiyam Hydropower
Opening Range of Menchhiyam Hydropower

We have detail information of Opening Range of Menchhiyam Hydropower ltd. It is a public limited hydropower company in Nepal.

Opening Range of Menchhiyam Hydropower

Following are the detail information of the Menchhiyam Hydropower.

About Company

Menchhiyam Hydropower Ltd is incorporated in 8th Novemebr 2017 as a privated limited company and later converted into public limited company in 15th July, 2021. The company has 4.72 MW capacity to produce electricity. The project is located at Sankhuwasabha district of Nepal. The project is constructed under BOOT (Build, own, Operate, and Transfer) mechanism.

Opening Range

The opening Range of the company depends upon the book value of the audited financial statement. So, the book Value of the company is Rs. 77.45 of FY 2078/79. Hence, the opening range of the company is Rs. 77.45 to Rs. 232.35.

NIC Asia Capital Ltd is the Issue manager for issuing the IPO. Similarly, the company got BB rating from the ICRA Nepal.

Share of the company will be traded in NEPSE after allotment and debated to the DMAT account of the shareholder.

More Information about the IPO

Following are the detail information’s

ParticularsInformation’s
Paid Up CapitalRs. 542,583,300.00
Total Issue (Project-affected Locals)Rs. 54,258,330.00
Total Issue (Nepalese citizens working abroad)Rs. 10,851,666.00
Issue ManagerNIC Asia Capital
ICRA Nepal Rating BB
Minimum Application10 units
Maximum Application10,000 units

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Frequently Asked Questions

What is opening Range of Menchhiyam Hydropower?

= We have collected the data of opening range of the company. You can visit our website to find the opening range of the company.

Issue Manger of the Menchhiyam Hydropower?

= NIC Asia Capital Ltd is the issue manager for IPO.