Opening Range of Rawa Energy Development Limited

Opening Range of Rawa Energy Development Limited

IPO Details of the Rawa Energy Dev. Ltd.

Rawa Energy Dev. Ltd. is set to issue an IPO to the general public. The company is issuing its IPO from 18th Jestha 2080 to 22nd Jestha 2080 to the general public. The Company had already issued 56,000 units of shares to Nepalese working in foreign, 2,80,000 (but only subscribed by 87,670 units) units of shares to the project-affected locals, 15,087 units of shares to the companies staffs, and 37,616 units of share to the mutual funds.

A total of six lakhs forty-three thousand six hundred and sixty-seven(6,43,667) units of shares are to be issued for the general public

DescriptionIPO- rate per unit shareTotal shares units issuedDate of Issue
For General publicRs.1006,43,667 units18th Jestha – 22nd Jestha

For General Public

IPO Opening Date2080/02/18
IPO Closing Date2080/02/22
Minimum units to be applied10 units
Maximum units that can be applied10,000 units
Cost per unit shareRS.100

Fundamental Details

The basic details of the company are shown in the table below:

DescriptionFY077/078FY078/079
Networth per share(Rs.)98.9083.10
Earning per share(Rs.)1.116.0
Reserved profit(in ‘000)1,73432,999

Also Read: How to open a remittance saving account and a Demat account online for foreign employment.

Details about Credit Rating

This company has got “CARE-NP BB(Is) pronounced as (Double B Issuer Rating)” from Care Rating Nepal Limited. This rating 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 Rawa Energy Dev. Ltd. are given below in the table:

Simple payback period8.89 years
Discounted payback period24.55 years

Company Details

The company’s technical details of the company is shown in the table below briefly:

Project nameupper Rawa Khola small hydropower project-3MW
Project LocationKhotang
River sourceRawa Khola
Project typeRun-off-river
Design discharge2.41m3/s
Energy to be produced16.8 GWh
Energy Production Capacity3 MW
Estimation of investment cost64 crores 65 lakhs
Source: Mero Lagani

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FAQ`S

1. What is the EPS of Rawa Energy Dev. Ltd.?

Ans: The EPS of Rawa Energy Dev. Ltd. is Rs.16.0 according to the FY078/079

2. What is the Net-worth of Rawa Energy Dev. Ltd.?

Ans: The Net-worth of Rawa Energy Dev. Ltd. is Rs.83.10 according to the FY078/079

3. What is the opening range of Rawa Energy Dev. Ltd.?

Ans: The opening range of Rawa Energy Dev. Ltd. is Rs. 89.10- Rs. 249.3

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