Opening Range of Upper Lohare Hydropower Company – Bibek News

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We have detailed information on the Opening Range of Upper Lohare Hydropower Company.

Opening Range of Upper Lohare Hydropower Company

Following is the detailed information:

About Company:

Upper Lohare Hydropower Company Ltd is a public ltd hydropower which was established on 10th November 2017. The project is a run-of-the-river type project with an installed capacity of 4MW.

The company is issuing 49% of the paid-up capital to the general public. From here, 10% is allocated to local people and the remaining 39% is for Nepalese working in a foreign land and general investor of Nepal.

The shareholding will be 51% to 49% after the IPO.

Opening Range

The opening range of the company depends upon the audited book value. The Audited book value of the company is Rs. 97.87 as per FY 2078/79. So, the Opening range of the company is Rs. 97.87 to Rs. 293.61.

ICRA Nepal Has given BB- rating for Issuing an IPO. Similarly, NIC Asia Capital Ltd is the issue manager:

Other Important Links:

a. EPS of Commercial Company: CLICK HERE

b. EPS of Microfinance Company: CLICK HERE

Frequently Asked Question

Who is the issue manager for the IPO of Upper Lohare Hydropower Company?

= NIC Asia Capital Ltd is the issue Manager for Upper Hydropower Company Ltd.

AlsoRead: Opening Range of Mandu Hydropower.

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