NEPSE  lists shares of Jivan Bikas Laghubitta; What is the opening range?

Jul 28, 2021 03:26 PM Merolagani

Nepal Stock Exchange (NEPSE) has listed shares of Jivan Bikas Laghubitta on July 28. NEPSE listed 6,084,100 units of primary shares including a recently issued initial public offering (IPO).

The local bourse has assigned (JBLB) code to the company. For the first transaction, NEPSE has given an opening range of Rs 305.27 to Rs 915.81 to the company.

The first transaction of the stock will start within the range on Thursday.

The company issued 1,977,300 units of primary shares worth Rs 197.7 million in IPO from June 25-29. Out of the offered units, the company allotted 30,420 units for employees and 98,865 units for mutual funds. The remaining 1,848,015 units of shares were allotted to the general public.

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