Beni Hydropower Shares to Trade on Secondary Market from Tomorrow, Opening Range **Rs 91.27** to **Rs 273.81**
Beni Hydropower Project's shares are set to begin trading on the NEPSE secondary market tomorrow, Wednesday. NEPSE has set an opening range of **Rs 91.27** to **Rs 273.81** per share for the first transaction. The company's trading symbol is **'BENH'**.
Kathmandu. Shares of Beni Hydropower Project are set to enter secondary market trading tomorrow, Wednesday. The company's IPO was listed today, Tuesday, on the Nepal Stock Exchange (NEPSE).
According to NEPSE rules, any company's IPO begins trading from the second day after listing. Accordingly, Beni Hydropower's shares are set to begin trading tomorrow.
A total of 10.4 million shares of Beni Hydropower, each with a face value of Rs 100, have been listed on NEPSE. Of these:
- 2.08 million shares (20 percent) are for the general public
- 8.32 million shares (80 percent) are for promoters
For the first transaction, NEPSE has set an opening range for Best Paints of a minimum of Rs 91.27 to a maximum of Rs 273.81 per share. The company has been assigned the trading symbol 'BENH'.
Now, if the company's shares are bought and sold within the range set by NEPSE during tomorrow's Wednesday special pre-opening session, they will enter trading for the regular session.
Beni Hydropower had opened its IPO for the general public from Bhadra 22 to Bhadra 26. The IPO allotment was done on Asoj 5.