Kathmandu. The IPO of Swastik Laghubitta Bittiya Sanstha Limited has been listed on the Nepal Stock Exchange (NEPSE) almost two months after the IPO allotment.
The IPO of Swastik Laghubitta has been listed on NEPSE today. Now, the shares of the microfinance company will be traded in the secondary market from tomorrow. The ordinary shares of any company will be traded from the second day of listing in NEPSE.
A total of 5,77,500 units of ordinary shares of Swastik Laghubitta have been listed on NEPSE. Out of the total offered shares, 3,46,500 units (60%) of promoter group and 2,31,000 units of ordinary shares i.e. 40% are offered to the promoter shareholders.
NEPSE has provided ‘SWASTIK-SVASTIK’ transaction signal to Swastik Laghubitta. For the first transaction, NEPSE has fixed a minimum of Rs 171.78 and a maximum of Rs 515.34 per share.
In the special pre-open session tomorrow, if the shares are traded within the range set by NEPSE, it will be traded for the regular session.
Swastik Laghubitta had opened its IPO to the general public from August 15 to August 19. The IPO was launched on August 26 at the office of Nabil Investment Banking, the issue manager.
