Opening Range of Crest Micro Insurance Limited (CREST)

Crest Micro Life Insurance Limited (CREST) is set to begin trading on the Nepal Stock Exchange (NEPSE) following its recent IPO allotment. The opening price range of CREST shares has been determined based on its latest audited financial statements.

Opening Price Range:

As per the audited financials of the fiscal year 2079/80, the book value per share of the company stands at NPR 100.86. Accordingly, the opening price range has been set between NPR 100.86 and NPR 302.58.

Key Financial Indicators:

• Earnings Per Share (EPS): In the fiscal year 2079/80, CREST reported an earnings per share of Rs 0.86.

• Book Value Per Share: The company’s latest book value per share is NPR 100.86.

• Retained Earnings : In the fiscal year 2079/80, CREST has a retained earning of Rs 39,52,000.

• Paid-up Capital: The paid-up capital of the company stands at Rs 75,00,00,000 (75 crore).

Investors are advised to review these financial indicators while evaluating the stock's investment potential as it enters the secondary market.