BREAKING NEWS

Mount Everest Power Shares to Start Trading on NEPSE

Mount Everest Power lists 8.6 million shares on NEPSE, with trading set to begin after the Special Pre-Open Session.

Nepalytix
5 min read
Mount Everest Power Shares to Start Trading on NEPSE

Mount Everest Power Development Limited has been listed on the Nepal Stock Exchange (NEPSE), clearing the way for its shares to begin trading in the secondary market.

A total of 8.6 million shares of the company have been listed on NEPSE. This includes 2.58 million shares issued to the general public through the IPO and 6.02 million promoter shares, bringing the total listed shares to 8.6 million.

The company’s shares will enter regular trading after completing the Special Pre-Open Session on Wednesday. For its first transaction, NEPSE has set an opening price range of Rs 100 to Rs 300 per share.

With the listing, investors who received the company’s IPO shares will now be able to trade their holdings in the secondary market.

Nepalytix

Financial News Reporter