Opening Price Range of Rastra Utthan Laghubitta
Opening price range of Rastra Utthan Laghubitta is 167.43 – 502.29. This price range is based on the audited report of fiscal year 2077/78. You can refer to the following report of the company.
What is Opening Price Range?
Opening price range is range of price value in which traders can buy or sell for the first time after listed in stock exchange. Buyer can bid for the price range that falls in the defined price range. The first trading of newly listed stock can be traded in special pre-open session. For newly listed company, special pre-open session is open from 10:30 AM – 10:45 AM. If there will be no trading within this period then it will be again be open next trading day. Without trading in special pre-open session, a company’s stock can not be traded in continuous session (i.e 11 AM – 3 PM). So, at least one trade should execute within special pre-open session to begin it’s trading in continuous session.
How opening price range is determined?
Nepal stock exchange (NEPSE) determined the opening price range of new stock based on the book value of company. For example, if 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 same as book value and maximum price will be book value x 3.
When will Rastra Utthan Laghubitta be Listed in Nepse?
Generally, it takes up to 3 weeks to list stock in NEPSE. But it all depends upon the internal preparation of company and NEPSE.
Rastra Utthan Lagubitta Bitiiya Sanstha Ltd. (RULBSL) was established as per the directive of Nepal Rastra Bank under the Company Act – 2063 and Bank and Financial Institutions Act (BAFIA) 2073. The registered office of the company is in Banepa -13, Kabhre Palanchowk. As of today, there are 94 branches all across the nation.
Shareholding Structure of Rastra Utthan Laghubitta
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