The Nepal Stock Exchange has officially listed the Initial Public Offering of Snow Rivers Limited on Thursday, Asar 11. A total of 9,375,000 shares of the company are now listed on the secondary market, making them eligible for trading.
The company has been assigned the trading symbol SNORL for its transactions on the stock exchange floor. Stock market investors and traders can use this symbol to track and trade the shares of the company.
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Opening Price Range and Trading Details
For the initial transaction, the stock exchange has designated an opening price range starting from a minimum of NPR 100 to a maximum of NPR 300. This range is established based on the financial parameters and book value of the company.
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The first share transaction of the company is scheduled to take place during the special pre-open session on Friday, Asar 12. If a transaction is successfully executed within the designated price range during this special session, the stock will proceed to regular trading hours on the exchange.