Liberty Energy (LEC) trades from Sunday; Opening Range Rs. 100- Rs. 300

Fri, Sep 18, 2020 12:33 PM on Latest, IPO/FPO News, Share Listed, Stock Market,

The IPO shares of Liberty Energy Company Limited will trade from Sunday, i.e. Ashwin 04, 2077.

The company has been given the ticker symbol LEC. The opening range for the first transaction has been kept from Rs. 100 to Rs. 300.

NEPSE sets a fixed range for the first transaction. From there, investors can take the stock wherever they want. NEPSE considers the net worth per share of the stock and makes it the lower limit. For Liberty Energy, Rs. 100 is the lower limit.

And then NEPSE multiplies this amount by 3. This is the upper limit. For LEC, Rs. 300 is the upper limit. Thus, you can only place buy or sell orders between this range for the first transaction.