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Opening Range of Rawa Energy Development

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Opening Range of Rawa Energy Development
Opening Range of Rawa Energy Development

We have collected the date of Opening Range of Rawa Energy Development.

Opening Range of Rawa Energy Development

Following are the detail information.

About Company

Rawa Energy Development Ltd is a hydropower public ltd company in Nepal. The company was established in 16th August, 2009 as a private ltd company and later converted into public ltd company in 28th June, 2019. The company is set up by the people having good experience in hydropower sectors. It has project that can produce 3 MW eletricty which is located at Khotang district of Nepal. The company started its commercial operations on 20th September, 2020. 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 recent audited financial statement. As per the audited financial statement of the company, book value is Rs. 77.45. Hence, the opening range of the company will be Rs. 77.45 to Rs. 232.35.

Prabhu Capital Ltd is the issue manage for the IPO. Similarly, the company has got BB rating from the ICRA Nepal for issuing IPO for General public.

More Information of IPO

Following is the information of IPO

ParticularsInformation
Total CapitalRs. 280,000,000.00
Total Issue (Project-affected Locals)Rs. 28,000,000.00
Total Issue (Nepalese citizens working abroad)Rs. 5,600,000.00
Issue Manager Parbhu Capital Ltd
ICRA Nepal RatingBB
Name of the projectRawa Khola Sana Jalbidhyut Yojana

NOte: All the data are taken from the offer letter.

Other Important Links:

a. EPS of Hydropower Company: CLICK HERE

b. EPS of Commercial Bank: CLICK HERE

c. Top 10 Commercial Bank: CLICK HERE

Frequently Asked Question

a. Issue Manager of Rawa Energy Development Bank?

= Parbhu Capital Ltd is the issue manager of the Rawa Energy Development Bank.

b. IPO date date and IPO result date?

= Issue Manager will inform all the investor about IPO result date and IPO date.

c. Opening Range of Rawa Energy Development?

= As per the audited financial statement of the company, book value is Rs. 77.45. Hence, the opening range of the Rawa Energy Development will be Rs. 77.45 to Rs. 232.35.