Upper Lohore Khola Hydropower-New IPO Alert, What is the opening Price ?

upper lohore khola hydropower

Introduction

Upper Lohore Khola Hydropower is issuing 19 lakhs 53 thousand 2 hundred and 79 units of IPO shares to the general public from 18th Shrawn to 22nd Shrawan, 2080B.S. The company had already issued 1,98,824 units of IPO shares to the foreign employee Nepalese. The company is going to issue the IPO at a face value of Rs.100 per unit share.

Share Distribution details

DescriptionDetails
For general public19,53,279 units
For the company’s staff1,98,824 units
For mutual fund99,412 units
For company’s staff39,765 units
For locals5,04,809 units (2,06,760 units subscribed)
Public issue size49%24,98,040 units
Promoter issue size51%26,00,000 units

CLICK HERE to apply for IPO now.

Financial Details

The financial details of Upper Lohore Hydropower are tabulated below:

DescriptionFY077/078FY078/079FY079/080(expected.)FY080/081(expected.)
EPS(Rs.)0.730.590.235.77
Networth per share(Rs.)98.3097.8798.85103.34
Reserved profit/Loss(‘000)3,3904,6765,86517,036

Credit Rating

Credit rating Nepal Limited has given the CARE-NP BB-(Pronounced as double B minus issuer) rating to the company. This rating indicates that the company has a moderate risk of default regarding the timely servicing of financial obligations.

Opening price of upper Lohore Khola Hydropower

The opening price of upper Lohore hydropower is Rs.293.61.

Upper Lohore IPO Result

The IPO result of Upper Lohore Khola Hydropower will be concluded within 15 days of the IPO issuance closed date.

CLICK HERE to check the IPO result.

  1. What is the opening price of upper Lohore hydropower?

    Ans: The opening price of Upper Lohore Hydropower is Rs.293.61.

  2. What is the opening Range of upper Lohore hydropower?

    Ans: The opening Range of Upper Lohore Hydropower is Rs.97.87-Rs.293.61.