Mahuli Samudayik trading starts in NEPSE from today; Trading range from Rs 542-1626

Trading of Mahuli Samudayik Bittiya Sanstha Limited has started in Nepal Stock Exchange Limited (NEPSE) from today (Bhadra 5, 2074). As per the notice published in NEPSE today, the open range is set within range of Rs  542– Rs 1626 for the first transaction. The symbol has been set as MSLB. Mahuli Samudayik had listed 4,00,000 units shares in Nepal Stock Exchange for trading. Mahuli Samudayik Laghubitta has issued 1,20,000 unit shares worth Rs 1.20 crore as part of its Initial Public Offering (IPO) for the general public on Baisakh 7 till Baisakh 11, 2074. Allotment of the microfinance was concluded through lottery. Applicants are allotted with maximum of 10 units of shares only. It has also announced 25% bonus shares and 10% cash dividends from the profit it had earned in the FY 2072/73. After issuance of 25% bonus share, its paid up capital will reach Rs 4.18 crore. The recent IPO’s allottees are also eligible for dividends. Mahuli Samudayik’s earning per share (EPS) stands at Rs 107.92 and net worth per share is Rs 203.69 as per the Q4 report of FY 2073/74.