Nepal Micro Insurance and Crest Micro Life Set to List on NEPSE with New Opening Range

Kathmandu – Nepal Micro Insurance and Crest Micro Life have completed the distribution of their Initial Public Offerings (IPOs) and are now in the process of being listed on the Nepal Stock Exchange (NEPSE). Investors are eagerly awaiting the opening range for these newly listed companies’ shares.

For the first transaction after listing, NEPSE has set the opening range at up to three times the net worth per share of each company. Currently, Nepal Micro Insurance’s net worth per share is Rs 100.80, while Crest Micro Life’s net worth stands at Rs 100.86.

As per NEPSE’s guidelines, the opening range for Nepal Micro Insurance is expected to be between Rs 100.80 and Rs 302.40, while Crest Micro Life’s opening range will be from Rs 100.86 to Rs 302.58.