Bikash Hydropower Company Ltd. is set to open its Initial Public Offering (IPO) to the general public starting from Ashad 18, 2082 to Ashad 22,2082 . This upcoming IPO has garnered interest from retail investors, especially amid a bullish trend in the hydropower sector on NEPSE.
IPO Details at a Glance:
- Company Name: Bikash Hydropower Company Ltd.
- IPO Open Date: Ashad 18, 2082
- Total Public Units: 29,42,760 shares
- Par Value (Per Unit): NPR 100
- Issue Manager: Prabhu Capital Ltd.
- Sector: Hydropower
- IPO Close Date: Ashad 22, 2082
Company Financials:
- Earnings Per Share (EPS): NPR 1.55 (FY 80/81)
- Net Worth Per Share: NPR 97.43 (FY 80/81)
Although the EPS appears modest and the net worth slightly under par value, the offering still stands to attract investors due to strong retail sentiment and sector-wide momentum in hydropower stocks.
Predicted Opening Price Range on NEPSE:
Given the current trends and public interest in hydropower IPOs—even companies with modest financials have opened significantly higher—Bikash Hydropower could list in the range of:
NPR 220 – NPR 280 per share on its debut.
This prediction is based on:
- Market trend for similar hydropower IPOs in 2080/81
- Recent overbidding patterns in the secondary market
- The company’s credit rating and net worth
Should You Apply?
While the fundamentals aren’t particularly strong (EPS of 1.55, Net Worth below NPR 100), investors with short-term listing gain strategy might find this IPO attractive due to:
- Positive market sentiment
- Limited supply of IPOs at the moment
- Strong momentum in hydropower stocks
