Home Opening Range Opening Range of Upper Syange Hydropower

Opening Range of Upper Syange Hydropower

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Opening Range of Upper Syange Hydropower
Opening Range of Upper Syange Hydropower

We have detail information of Opening Range of Upper Syange Hydropower.

Opening Range of Upper Syange Hydropower

Following are the detail information.

About Company

Upper Syange Hydropower Ltd is a public ltd hydropower company that is issuing IPO to the general public. The company was established in 26th January, 2009 as a private company and later converted into public company in 30th March, 2017. There are institutional and individual promoter shareholders in the company. The project has 2.4 MW electricity producing capacity and is located at lamjung district of Nepal.

Siddhartha Capital Ltd is the issue manager for issuing IPO to the individual investors.

Opening Range

The opening range of the company depend upon the book value of the recent audited financial statement. Similarly, the opening range is calculated by multiplying the audited book value three times.

The opening range of the company is Rs. 84.54 as per FY 2078/79. So, opening range of the company is Rs. 84.54 to Rs. 253.62.

The promoter-public share ratio will be 60.45: 39.55 after this IPO. Similarly, the company got BB rating for issuing IPO from ICRA Nepal.

Information of IPO.

Following is the important information about IPO.

ParticularsInformation
Capital (After IPO)Rs. 220,000,000.00
Promoters Share Holding60.45%
General Investor39.55%
Issue ManagerSiddhartha Capital Ltd
ICRA Nepal RatingBB
Total CostRs. 50.47 Crores
Cost Per Mega WattRs. 21.03 Crores

Hence, these are the detail information about IPO.

Other Important Links:

a. EPS of Hydropower: CLICK HERE

b. Top 10 Commercial Bank: CLICK HERE

Frequently Asked Question

a. Issue Manager of Upper Syange Hydropower?

= Siddhartha Capital Ltd is the issue manager of Upper Syange Hydropower.

b. Opening range of Upper Syange Hydropower.

= The opening range of the company depend upon the book value of the recent audited financial statement. Similarly, the opening arnge is calculated by multiplying the audited book value three times. The opening range of the company is Rs. 84.54 as per FY 2078/79. So, opening range of the company is Rs. 84.54 to Rs. 253.62.