IPO share of Terhathum Power Company and Sahas Urja Limited listed in Nepse

KATHMANDU: The shares of Terhathum Power Company Limited (ticker symbol TPC) are now listed in Nepse.

The hydropower company had recently issued 8,00,000 units worth Rs 8 crore as Initial Public Offering to the general public from (Bhadra 9-13, 2078). Out of the offered 8,00,000 units; 2% of the total offered shares to the general public i.e. 16,000 units were set aside for the employees of the company and 5% for mutual funds. The remaining 7,44,000 units were for the general public.

The 8,00,000 shares issued to the public, 4,00,000 shares issued to the locals, and 28,00,000 promoter shares are all listed in Nepse.

For the ordinary shares, the opening range has been set as Rs. 84.74 to Rs. 254.22 for the first transaction.

Similarly, the shares of Sahas Urja Limited (SAHAS) have also been listed in Nepse.

Sahas Urja Limited had issued 70,00,000 units worth Rs 70 crore as Initial Public Offering to the general public from (Ashwin 6-10, 2078). This, along with the shares issued to project-affected locals, and the promoter shares have all been listed in NEPSE. The promoter shareholding is 70%, and a total of 3,50,00,000 shares are listed.

Fiscal Nepal |
Thursday October 28, 2021, 01:56:20 PM |

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