Table of Contents
IPO Result Date
City Hotel Limited IPO Results will be held on 05 Jestha 2080 B.S. City Hotel Limited issued IPO shares to the general public from 25th Baisakh to 28th Baisakh,2080. The company had issued thirteen lakh fifty-five thousand nine hundred and forty (13,55,940) units of shares at Rs.100 per share to the general public.
Share Distribution Status:
| For Mutual Fund | 83,700 units |
| For Foreign Employee Nepalese | 1,67,400 units |
| For Company’s Staff | 66,960 units |
| For general Public | 13,55,940 units |
City Hotel Limited IPO Result Check: Click Here
IPO Application Status:
The IPO application status of City Hotel Limited is shown in the table below:
| Issued Units | 13,55,940 units |
| Applied Units | 1,27,88,990 units(approx) |
| oversubscribed by | 9.43 times |
Among the total applicants, only 1,35,594 people will get 10 units of shares of City Hotel Limited.
Financial Details:
The financial details including Net-worth and EPS of the company are shown in the table:
| Description | FY077/078 | FY078/079 |
| Net worth per share(Rs.) | 90.68 | 87.83 |
| Earning per share(Rs.) | 3.63 | 2.97 |
| Reserved profit/Loss(in ‘000) | 34,056 | 44,683 |
Opening Range:
The opening range of City Hotel Limited is expected from a range of NPR.87.33 to NPR.261.99. It may vary as it is not fixed. Its range is calculated according to its net worth. The minimum value of the opening range is its net worth and the maximum value is three times its net worth.
Credit Rating:
Care Rating Nepal has provided the rating as CARE-NP BB+(Is) pronounced as Double B plus issuer to the company. This indicates that the company has a moderate risk of default regarding the timely servicing of financial obligations.
Payback Period:
The simple payback period and discounted payback period of the company are shown below:
| Description | Years |
| Simple payback period | 11 years 1 month |
| Discounted payback period | 15 years |
1. When will the City Hotel Limited IPO Result be conducted?
Ans: City Hotel Limited IPO Result will be conducted on 05 Jestha 2080 B.S.
2. What is the Opening range of City Hotel Limited?
Ans: The Opening range of City Hotel Limited varies from NPR.87.33 to NPR.261.99.
Also Read: How to open a remittance saving account and a Demat account online for foreign employment.