Sanigad Hydropower IPO Credited to Demat Accounts, Trading to Begin After NEPSE Listing
Shares of Sanigad Hydropower Limited have been credited to investors’ demat and Mero Share accounts following IPO allotment.
Shares of Sanigad Hydropower Limited issued through its IPO have been credited to investors’ demat accounts and Mero Share profiles after the completion of the allotment process.
With this, the company is now moving toward listing on the Nepal Stock Exchange (NEPSE). Once listed, secondary market trading of the shares will begin.
As per standard procedure, trading can start from the next day after listing, allowing investors to buy and sell shares in the open market.
NEPSE will set an opening price range for Sanigad Hydropower Limited between Rs 100 and Rs 300 for the first trading session. The initial trading price will be determined within this range.
After listing, investors will be able to actively trade the shares in the secondary market.