Kathmandu. After the merger, the shares of Rural Development Laghubitta Bittiya Sanstha will start trading from Tuesday.

Nepal Stock Exchange (NEPSE) has listed its initial public offering (IPO) after the merger of Grameen Bikas Laghubitta and Samaj Laghubitta Laghubitta. With this, NEPSE has lifted the trading of shares that it had stopped for merger purposes. The company’s shares will be traded from the next day.

Rural Development and Samaj Microfinance have merged with each other in a 1:1 share swap ratio. After the merger, the company has been named Rural Development Laghubitta. After the merger, 1,53,500 units of shares of the company have been listed on NEPSE.

For the first transaction after the merger, NEPSE has fixed a price of Rs 804.91 per share. The shares of the company will be traded at the same price tomorrow.