Kathmandu. Shares of Reliance Spinning Mills and Salapa Development Bank are trading from Monday.
Nepal Stock Exchange (Nepse) has traded the shares of both the companies within the minimum range set by the Nepal Stock Exchange (NEPSE). NEPSE had fixed a minimum of Rs 100 and a maximum of Rs 300 per share for the first transaction of both the companies. The shares of both the companies were traded at a maximum price of Rs 300 per share in the special session.
The ordinary shares of Reliance Spinning Mills and Salapa Development Bank were listed on the NEPSE list on Friday. The ordinary shares of any company will be traded from the second day of listing in NEPSE. Therefore, the shares of both of them (Saturday and Sunday on Sunday) are trading from today.
A total of 1.90 crore units of Reliance Spinning Mills have been listed on NEPSE. Out of which 1,926,600 units (10.14%) are from ordinary investors and 1,70,73,400 units (89.86%) from the promoter.
Nepal Stock Exchange (NEPSE) has provided a ‘RSML’ transaction signal to Reliance Spinning Mills.
Similarly, a total of 5,223,880 units of Salpa Development Bank have been listed in NEPSE. Out of the total offered shares, 17,23,880 units are held by the general public (33%) and 3.5 million (67%) units by the promoters.
NEPSE has provided ‘SABBL’ transaction signal to Salpa Development Bank.
