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Sagarmatha Jalabidhyut IPO
Sagarmatha Jalabidhyut company limited has issued an offer letter to float an Ipo of worth Rs. 3,581,76,000 which is 3581760 units of shares Rs.100 per unit to the general public from Chaitra 8, 2079 to Chaitra 12, 2079 BS. The company has appointed Prabhu capital to handle the entire process of issuing.
Sagarmatha Jalabidhyut company has already issued the IPO to the projected affected locals and eligible Nepalese foreign employees which are 1120000 units and 4368000 units respectively. It has got an NP BBB- rating from care Nepal which means a moderate degree of safety regarding the timely servicing of financial obligations.
IPO of this company will surely be going to oversubscribe on the opening day of issuing so it is good to apply for only 10 units of shares but applicants can apply a minimum of 10 units to a maximum of 10000 units of shares.
COMPANY DETAILS
The main office of this company limited is located in Anamnagar, Kathmandu, Nepal. The electricity generation centre is located in Sumbek 2, Gagetichesi, Illam municipality. The company can open a branch anywhere in Nepal with the permission from Head office. If you want to know more about the company you can go through this link which is given below.
Check : Sagarmatha Jalbidyut Company Ltd
FINANCIAL DETAILS
The net worth of the company is Rs. 111 as 078/079. After the issuing, the paid-up capital of the company will be Rs.1120000000. The payback period of the company is 9.04 and 19.40 for simple and discounted periods respectively. Interest during the construction of Super Mai A Jalabidhyut 9.6 MW is Rs. 19,84,33,077.
Additional Information:
| IPO opening date | 2079/12/08 |
| IPO closing date | 2079/12/12 |
| company name | SAGARMATHA JALABIDHYUT COMPANY LIMITED |
| Project name | Super Mai A hydroelectricity project |
| No. of shares issued | 35,81,760(for general public) |
| Face value | Nrs.100 |
| issuer rating | (ICRANP-IR)BBB- |
| Minimum number of shares to be applied | 10 |
| A maximum number of shares can be applied | 10,000 |
| Earning per share | 11.65(FY078/079) |
| Networth per share | 111.41(FY078/079) |
| Reserved profit/loss(in ‘1000) | 65,201.34(FY078/079) |
Also Read: List of licenced stock brokers in Nepal.
In recent times the Jalabidhyut company are gotten a good price in the share market. For example, Ruru Jalabidhyut company also got a very good share price in the market and investors are ready to invest in the Jalabidhyut company rather than hydropower which has a slight risk of return than this kind of company.
Nowadays in the share market if you have to apply for the Ipo which is issuing fewer units of share it is better to apply for a minimum of 10/20 units if there is a possibility of some applicants getting 11 units then you should apply for 20 because the craze of IPO has increased and everyone are applying for it and it gets oversubscribed in few days of its opening.
FAQ`S
1. What is the net worth of Sagarmatha Jalabidhyut company limited?
Ans: The net worth of Sagarmatha Jalabidhyut company limited is NRS.636,401,342,000 at the end of FY078/079.
2. What is the EPS of Sagarmatha Jalabidhyut company limited?
Ans: The EPS of Sagarmatha Jalabidhyut company limited is NRS.11.65 at the end of FY078/079.
3. What is the opening range of Sagarmatha Jalabidhyut company limited?
Ans: The opening range of Sagarmatha Jalabidhyut is Nrs.111.41-Nrs.334.23
4. What is the IPO opening date of Sagarmatha Jalabidhyut company limited?
Ans: The IPO opening date of Sagarmatha Jalabidhyut company limited is the 8th Falgun of 2079 B.S.
5. What is the IPO closing date of Sagarmatha Jalabidhyut company limited?
Ans: The IPO closing date of Sagarmatha Jalabidhyut company limited is the 12th Falgun of 2079 B.S.