Kathmandu. Shares of Him Star Energy Company are set to hit the secondary market on Sunday.
The IPO of Him Star Energy has been listed on the Nepal Stock Exchange (NEPSE) today. Shares of any company come into trading from the next day after being listed in NEPSE. However, the stock will not be traded on Friday, so it will come into trading from coming Sunday.
A total of 3.73 million units of shares of Him Star Energy have been listed on NEPSE. Of these, 2.61 million units (70 percent) of the founder group and 1.119 million units (30 percent) of the general group.
NEPSE has given ‘Himstar’ business signal to Snow Star Energy. Nepse has set a minimum opening range of Rs 99.17 per share and a maximum opening range of Rs 297.51 per share for the first transaction.
If the shares of this company come into trading within the range set by NEPSE on Sunday, then it will come into trading for a regular session.
Him Star Energy had opened the IPO sale to the general public from July 28 to July 15. The IPO was allotted at the office of NIC Asia Capital, the securities sales manager, on July 15.
