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We have detailed information on the Opening Range of Three Star Hydropower. It is hydropower company that has started its operations.
Opening Range of Three-Star Hydropower
Following is the information about the company.
Introduction
Three Star Hydropower Limited is a public ltd company which was established in 2072 B.S. The project has an electricity generating capacity of 7.151 MW and is located in Province 1, Haleshi Tuwachung Municipality, Khotang. The hydro project received Survey License on 2073.07.09 BS and Generation License on 2074.09.03 BS.
Opening Range
The opening range of the company depends upon the audited book value of the recent Fiscal Year. So, the book value of the company for FY 2077/78 is Rs. 85.62. So, the opening range of the company is Rs. 85.65 to Rs. 256.95.
Himalayan Bank Ltd is the issue manager for the IPO.
The company B- rating from ICRA Nepal which means there is a high risk of default regarding the timely servicing of financial obligations.
More Information About IPO
Following is more information:
| Particular | Information |
|---|---|
| Total Capital | Rs. 49,25,00,000.00 |
| Total Issue (Project-affected Locals) | Rs. 49,250,000.00 |
| General Public (Including Nepalese citizens working abroad) | Rs. 73,875,000.00 |
| Issue Manager | Himalayan Bank Ltd |
| ICRA Rating | B- |
| Project Name | Sapsup Khola Small Hydroelectric Project |
Note: All the data are taken from the Offer letter.