Buddhabhumika shares are rich, the first day, the first transaction is so much, see
The primary shareholders of Buddhabhumi Nepal Hydropower are expected to earn Rs 2,520 on the first day.
If traded in the maximum range, the investor will earn Rs 2,520 on the first day. The company has an actual net worth of Rs. 84.05 for FY 76/77.
As per the rules, trading should be done within that range in the special pre-opening session before the first transaction. Only then does the company’s regular share trading begin.
In the IPO distribution of the company, 74,400 people have received shares at the rate of 10/10 lots. The company had issued 800,000 ordinary shares worth Rs.
Of this, 40,000 lots were set aside for collective investment funds. Another 16,000 lots were given to employees. The remaining 744,000 units were received by the general public. The project being developed by the company has an installed capacity of 4.99 MW. Its cost per MW is Rs. 238 million.
But so far, the shareholders have not been able to get shares in the demat. The company must enter into an agreement with the Nepal Stock Exchange to trade in the secondary market. Only then will trading in the secondary market begin.