Aarambha Microfinance Shares to trade with a stock symbol "AMFI"; Check Out the Opening Price Range

Aarambha Microfinance to trade with a stock symbol of "AMFI". The opening price range of the company is set to be between  Rs 81.84 to Rs 245.52.

As per the rule, stock can be traded at a price upto 3 times of their networth. Aarambha Microfinance had issued ordinary shares worth Rs 6 crores to the general public . NIC ASIA Capital Ltd. was the issue manager for the issue. 

Aarambha Microfinance Shares was allotted on Falgun 23, and was listed just within 13 days. The implementation of C-ASBA has significantly decreased the time period for the entire IPO process. With this, Nepalese primary market has entered a new era.