Bikash Hydro Power IPO Listed on NEPSE: What Investors Need to Know!
Breaking news for all Nepal Stock Exchange (NEPSE) investors! Bikash Hydro Power Company Limited has officially been listed on NEPSE today, marking an exciting development for the Nepali stock market. This IPO listing is a significant event, so let’s dive into the details.
A total of 9,091,013 shares of Bikash Hydro Power have been registered on NEPSE. This includes a substantial portion of shares allocated to the promoter group (4,636,417 shares, or 51%) and a significant amount available to the general public (4,454,596 shares, or 49%). This IPO represents a great opportunity for investors looking to diversify their investment portfolio within the hydropower sector in Nepal.
NEPSE has announced the opening range for the Bikash Hydro Power shares, which will be crucial for the initial trading. The opening range is set between a minimum of NPR 97.43 and a maximum of NPR 292.29. This opening range will determine the price at which the shares will begin trading on the secondary market.
Trading will begin in a special pre-open session tomorrow, Wednesday. This will allow initial price discovery before the regular stock trading commences. After the pre-open session, the shares will be available for trading in the regular secondary market.
The stock symbol for Bikash Hydro Power Company Limited is BHCL. Keep an eye on this stock ticker to track the share price and trading volume as it enters the stock market. This IPO is a key moment for the company, its investors, and the overall growth of the hydropower sector. Keep up-to-date with the latest stock market news and investment strategies for Nepali stocks!
