Saptakoshi Dev. Bank share trading commence from today; stock symbol as SKDBL

Biratnagar based Saptakoshi Development Bank Limited had signed an agreement to list its 10, 00,000 units ordinary shares at Nepal Stock Exchange Limited (NEPSE) on Magh 17, 2072. The trading has commenced in the NEPSE from today. As per the notice published on NEPSE, the open range is set with range from Rs 105 to Rs 316 for the first transaction. The stock symbol for Saptakoshi Development Bank Limited is set as SKDBL. SKDBL had floated its Initial Public Offering (IPO) of 400,000 unit shares at Rs 100 face value from Jestha 21 till Jestha 25, 2072. Saptakoshi Development Bank appointed NMB Capital Limited as its Registrar to the Share (RTS). NMB Capital will be providing various share related transactions such as ownership transfer of shares, signature verification, splitting of shares, dividend distribution, among others, and all other services related to share registration from its office.