Trade Tower Limited’s IPO has been officially registered in CDSC. Following dematerialization agreement signing, shares will now be deposited into investors’ Demat accounts and soon listed on NEPSE.
Trade Tower Limited IPO Registered in CDSC, NEPSE Listing to Follow Soon
Trade Tower Limited has completed the registration of its Initial Public Offering (IPO) in the Central Depository System and Clearing Limited (CDSC). On Wednesday, a tripartite agreement on dematerialization of securities was signed between CDSC, Trade Tower Limited, and Laxmi Sunrise Capital Limited, the issue’s registrar.
With the registration process now complete, the IPO shares will soon be deposited into the respective Demat accounts of investors. After that, Trade Tower Limited’s shares will be listed on the Nepal Stock Exchange (NEPSE).Once listed, trading of the company’s shares in the secondary market will begin from the day after the listing.
Additionally, NEPSE is expected to set an opening price range for the first transaction of Trade Tower Limited’s shares between Rs. 123.09 and Rs. 369.27.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
