Samata Microfinance trading starts in NEPSE from today; Trading range from Rs 134-403

Trading of Samata Microfinance Bittiya Sanstha Limited has been started in Nepal Stock Exchange Limited (NEPSE) from today (Jestha 18, 2074). As per the notice published in NEPSE today, the open range is set within range of Rs 134 – Rs 403 for the first transaction. The symbol has been set as SMATA. Samata Microfinance had listed 3,16,000 units shares in Nepal Stock Exchange for trading. It had issued 94,800 units shares to the general public as part of its IPO from Poush 19 to Poush 22, 2073. Out of 84,950 applicants, only 8,817 applicants were allotted 10 units each. Samata Microfinance had earned net profit of Rs 1.65 crore up to the end of third quarter of FY 2073/74.