Opening Range of Dolti Power Company – Bibek News

We have detail information of Opening Range of Dolti Power Company.

About Company

Dolti Power Company Limited is a hydropower company which is issuing IPO to general public to increase the share capital. The company was established in 7th April, 2013. It has 4.5 MW electricity producing project in Dailekh DIstrict of Karnali Province of Nepal. The company has already started its commercial production.

More About IPO

Particulars Percentage Units Amount
Authorized Capital 60,00,00,000
Total Issued Capital 100% 53,64,860.00 53,64,86,000
Total Issue ( For Local People ) 10% 5,36,486.00 5,36,48,600
Total Issue ( Nepalese in Nepal and
Employed in abroad )
20% 1,072,978.00
Cost of Production 1.10 arba
Issue Manager NIC Asia Capital
Minimum Application 10.0
Maximum Application 10,000.0

Opening Range of Dolti Power Company

The Opening Range of the company depends upon the book value of the audited financial statement. So, book value of the company is Rs. 87. Hence, the Opening range is Rs. 87 to Rs. 261.

Audited Financial Statement of FY 2078/79

Particulars “000” FY 2078/79
Paid Up Capital 375,540.00
Reserve and Surplus (47,753.00)
Revenue 97,753.00
Interest Expense 95,175.00
Net Profit 6,791.00
Earning Per Share (EPS) 1.81
Net Worth Per Share 87.00
Return on Assets 0.02

The issue manager of the company is NIC Asia Capital Ltd. Similarly, the company has got double BB rating from ICRA Nepal.

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