Nepse lists 56 lakh units of Rairang Hydropower ; Trading to start in a week

Nepse has listed 56 lakh units shares in Rairang Hydropower Development Company. The trading of the shares will start in a week now. .

The company had issued IPO from Baisakh 31 to Jestha 3, 2075. Out of the total issued 8.4 lakh units, 5% or 42,000 units were set aside for mutual fund schemes and 4% or 33,600 units for the company employees. Remaining 91% or 7,64,400 units were allotted to 76,440 applicants. Earlier, the company had issued 10% or 5,40,000 units to the people of project affected area. 

Also read : IPO Analysis : Rairang Hydropower Development Company