Upper Syange Hydropower Limited is set to float IPO shares to the general public. The company has already distributed 65,000 shares to foreign employment Nepali workers and is floating 2,20,000 units of shares to the project-affected locals of the Lamjung district. The unsubscribed shares are included in the general public if it is not fully subscribed.
| Locals | 2,20,000 units |
| Foreign employment | 65,000 units |
| Company’s staff | – |
| Mutual Fund | – |
| General public | – |
| Total | – |
Table of Contents
IPO Application Status
| Description | Date of Issue | Issued Units | Applied units | over-subscribed By |
| For Foreign employment Nepalese | May15- 30 | 65,000 | 483210 | 7.43 times |
| For Locals | May 15-June 2 | 2,20,000 | 2,20,100 | 1.0004 times |
| For General Public | – | – | – | – |
Apply IPO of Upper Syange: Click Here
Financial Details
The financial details of the company are shown below:
| Description | FY077/078 | FY078/079 |
| Networth per share(Rs.) | 99.17 | 84.54 |
| Earning per share(Rs.) | 0.39 | 14.63 |
| Reserved profit/loss(‘000) | 1,106 | 20,563 |
Credit Rating:
The Care Rating Nepal has provided a “CARE-NP BB(Is) rating pronounced as [Double B Issuer] to the company. This rating indicates that the company has a moderate degree of safety regarding the timely servicing of financial obligations.
Also Read: How to open a remittance saving account and a Demat account online for foreign employment.
Payback period:
| Description | Details |
| Simple payback period | 7.74 years |
| Simple payback period | 16.91 years |
1. What is the opening range of Upper Syange hydropower?
Ans: The opening range of upper Syange hydropower is Rs.253.62.
2. What is the EPS of Upper Syange hydropower?
Ans: The EPS of Upper Syange hydropower is Rs.14.63 according to FY078/79.
3. What is the Networth of Upper Syange hydropower?
Ans: The Networth of Upper Syange Hydropower is Rs.84.54 according to FY078/79.
4. When will the upper Syange ipo result be held for the foreign quota?
Ans: Upper Syange ipo result for the foreign quota will be held on 13th June.