Kathmandu. Shares of Apollo Hydropower will be traded in the secondary market from Tuesday.
Nepal Stock Exchange (NEPSE) has listed the IPO of Apollo Hydropower Hydropower Pvt Ltd on Monday. The IPO of any company starts trading from the second day of its listing. According to this arrangement, the shares of the company will be available from Tuesday.
A total of 4.7 million units of shares of Apollo Hydropower have been listed on NEPSE. Out of this, 14,10,000 units i.e. 30% of the total offered shares to the general public and 32,90,000 units i.e. 70% of the total offered shares.
For the first transaction, NEPSE has fixed a minimum of Rs 100 to a maximum of Rs 300 per share. The trading signal is that the company has received ‘APHL’.
In the special session on Tuesday, the company’s shares will be traded for the regular session if they are traded within the range set by NEPSE.
Apollo Hydropower had opened its IPO to the general public from April 13 to April 15. The IPO was allotted on April 24.
