NEPSE lists IPO Shares of Rairang Hydropower Development Company

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358
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NEPSE lists 56,00,000 units IPO Shares of Rairang  Hydropower Development Company today; 30 Jestha 2075. It was allotted on 9 Jestha 2075. The allottee of IPO can trade within one week of listing.

Currently, its paid up capital is Rs.42 crore. After IPO for local & public, paid up capital will reach to Rs.56 crore. Capital structure will be 77:10:15 among promoter local people & general public.

Rairang Hydropower operates 500KW projects in Dhading district. Further it is developing 9.90MW in the Taplejung & Panchthar districts.