Aarambha Microfinance’s stock symbol AMFI set for open range from Rs 81.84-245.52 for the first transaction

Thu, Mar 29, 2018 11:16 AM on Latest, Featured, NEPSE News, Stock Market,
The stock symbol AMFI of Aarambha Microfinance Bittiya Sanstha Limited is set on open range. The open range is set from Rs 81.84-Rs 245.52 for its first transaction. Aarambha Microfinance Bittiya Sanstha Limited had floated Initial Public Offering (IPO) of 2.94 lakh units from Falgun 15 to Falgun 21, 2074. The IPO of Aarambha was the first to be issued after the implementation of C-ASBA which had resulted in allotment within 37 hours and the listing of the shares within 15 days. The paid up capital of the company is Rs 3.06 crore and after the allotment of shares, its paid up capital has reached Rs 6 crore.