What is the Opening Price Range of Aviyan Laghubitta?
The opening price range of Aviyan Laghubitta is Rs. 105.36 to Rs. 316.08. This opening price range is determined as per the financial report for the fiscal year 2077/78. The net worth per share of Aviyan Laghubitta is Rs. 105.36. According to the report, the following are the financial ratios.
- Net worth per share – Rs. 103.36
- Earning Per Share – Rs. 11.60
- Reserve/Surplus – Rs. 35,44,840
About IPO Issue
Aviyan Laghubitta issued its 9,13,750 units of Initial Public Offerings (IPO) worth Rs. 9.13 crores to the general public from Shrawan 18 till Shrawan 22, 2079.
Out of total issue, 9,75,000 units; 0.5% (i.e. 12,500 units) were for the employees of the company, and 5% (i.e. 48,750 units) had been set aside for the mutual funds. The remaining 9,13,750 units were for the general public.
As per the data from CDSC, a total of 20,49,721 applicants had applied for a total of 2,31,85,440 units worth Rs. 2.31 Arba. Thus, the IPO was oversubscribed by more than 23.77 times in terms of the number of units through ordinary applicants as of the closing.
Opening Share Price of Aviyan Laghubitta
Nepse determines the opening price of Aviyan Laghubitta as Rs. 105.36 to Rs. 316.08 for the first transaction. According to the projected financial report of the company, the financial ratio will be increased as shown in the report above.
What is a special pre-open session?
A special pre-open session is a trading time of a newly listed company. When a new company gets listed in NEPSE for the first time, its share is traded in the special pre-open session for the first time. After trading in the pre-open session, its share starts to change in the continuous session which is 11 AM – 3 PM.
What is the Opening Price Range?
The opening price range is the range of price of a company for first trading after being listed in NEPSE. The NEPSE determines it according to the net worth per share of the company. The net worth per share is taken from the company’s audited report from the latest fiscal year.
How is the opening price range determined?
Nepal stock exchange (NEPSE) determines a new company’s opening price range based on the company’s book value (net worth per share). The net worth is taken from the company’s audited financial report issued during the IPO issuance. For example, if the book value of the company’s latest audited report is 100 then the opening price range will be 100 – 300. The minimum price should be the same as the book.
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