IPO Shares of Reliance Spinning Mills Now Listed on NEPSE; What are the Opening Ranges?

Summary

Reliance Spinning Mills Limited's IPO shares have been listed on NEPSE with an opening trading range of Rs. 100 to Rs. 300. The shares will be traded under the symbol 'RSML'.

Key Points
  • 1. Reliance Spinning Mills Limited (RSML) has listed 1.9 crore IPO shares on NEPSE.
  • 2. The opening trading price range is set between Rs. 100 to Rs. 300 based on NEPSE's new pricing rules.
  • 3. Around 9.25 lakh IPO shares were issued to the general public.
  • 4. NEPSE revised its opening price range rules, basing it on face value instead of net worth for the first trading day.
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