Trading of Adhikhola Laghubitta Starts

Aug 26, 2019 10:43 AM Merolagani

 The stock trading of Adhikhola Laghubitta has started from Monday, August 26 following the listing of 1 million ordinary shares of the company on August 25.

Nepal Stock Exchange (NEPSE) has assigned (AKBSL) code to the company. Similarly, the stock exchange provided an opening range of 87.72 to 263.16 to the stock for the first transaction.

Adhikhola Laghubitta issued  400,000 units of primary shares worth Rs 40 million to the general public from July 7-10 in which merely 12.48 percent of applicants were provided shares. Out of the total offered shares, the company allocated 5,000 units to employees and 20,000 units to mutual funds. The general public was issued the remaining 375,000 units of shares.

After the IPO issuance, the paid-up capital of the company has reached Rs 100 million while its promoter and ordinary share ratio is readjusted to 60:40.

comments powered by Disqus

NIC Asia Bank’s Net Profit Declines by 52.31%

Apr 19, 2024 07:20 AM

NIC Asia Bank  (NICA) has published its third quarter report of the current FY. As per the report, the bank’s net profit has declined during the period.

Gold Price Breaks Previous Record

Apr 19, 2024 11:12 AM

Value of USD Hits New Record

Apr 19, 2024 11:32 AM