Womi Microfinance share trading commence from today; Trading range from Rs. 121-363

Womi Microfinance Bittiya Sanstha Limited had signed an agreement to list its 3, 00,000 units shares in Nepal Stock Exchange Limited (NEPSE). The trading commence in Nepse from today. As per the notice published on NEPSE, The open range is set with range from Rs. 121-363 for the first transaction. The stock symbol for Womi Microfinance is set as WOMI. Womi had floated its IPO of 1, 47,000 unit shares from Ashad 22, 2072 to Ashad 25, 2072. Since the allotment took place through lottery, all allottees were eligible for a minimum of 10 unit shares. It has also announced to distribute 20 percent bonus share and 1.11 percent cash dividend for tax purpose to its shareholders. However, the decision is subject to approval from the microfinance upcoming Annual General Meeting (AGM).