We will know the Opening Range of Asian Hydropower Limited.
About Company
Asian Hydropower Limited is issuing its share to locals, Nepalese foreign employees, and general people. The project is located in Ilam District. The company was established in 2016 as a private company and later converted into a public company in 2019. It has a 6.2 MW capacity for producing electricity.
NMB Capital Limited is the issue manager of the company.
Opening Range of Asian Hydropower Limited
The opening range of the company depends upon the book value of the latest audited financial statement. So, the book Value of the company is Rs. 99.60. Hence, the opening range of the company is Rs. 99.60 to Rs. 298.8.
About IPO
The company is issuing 3,40,000 to local people affected by the project and 84,000 units to those working in a foreign land.
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