Bikash Hydropower IPO allotment process has been completed. The allotment was done today at the office of the issue manager, Prabhu Capital Limited.
A total of 294,276 investors applied for the IPO, each applying for 10 shares. Now, the investors who received the IPO shares are curious about the opening price range of the company’s shares on the first trading day.
The opening price range for the company’s IPO is expected to be between NPR 97.43 and NPR 292.29. NEPSE sets the opening price of any company’s IPO based on the company’s actual net asset value per share, allowing up to three times that value.
For the fiscal year 2080/81, the company’s actual net asset value per share is NPR 97.43. It is projected to increase to NPR 129.62 by fiscal year 2083/84.
