Trading of Support Microfinance Commences

Feb 15, 2018 Merolagani

The share trading of Support Microfinance (SMB) has started from Thursday. The company listed 600,000 units of shares worth Rs 60 million in NEPSE.


NEPSE has granted a code 'SMB' to the company. The open range is set with range from Rs 102-Rs 307 for the first transaction.

Support Microfinance headquartered at Itahari issued 180,000 units of IPO to general public worth Rs 18 million from October 4 to 9.

In the second quarter of the current FY, the company has EPS of Rs 2.24, net worth per share of Rs 102.69, cost of fund of Rs 11.45 and capital fund of 17.10 percent.

 

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