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We will update about the Opening Range of Sanima Middle Tamor Hydropower.
About Company
Sanima Middle Tamor Hydropower Ltd is Public Limited hydropower company. The company was established in 2016. It is building 73MW capacity hydropower at Taplejung, Nepal. The company issuing 30% of its total paid up capital. 10% is set aside for local people and 15% will be distributed among general people including people employed in foreign land. Similarly, 5% is for employee of the company.
Sanima Capital Ltd is the issue manager. People can apply from 10 units to 20,000 units.
Opening Range of Sanima Middle Tamor Hydropower
The opening range of the company depends upon the book value of the company. It must from the last audited financial statement. So, the book value of the company is Rs. 98.43. Hence, the opening range of the company is Rs. 98.43 to Rs. 295.29.
The care rating Nepal has given double B rating.
The share will be traded after listed in Nepse.