Kathmandu. The IPO of Himalayan Reinsurance Limited will have an open range of maximum 309 rupees 21 paisa. The IPO is expected to have a minimum open range of Rs 103.7 paisa to Rs 309.21 paisa.

Since the company's actual net worth per share for the financial year 2078/79 is Rs. 7, 103, it is seen that it will get this range. NEPSE sets a price range of up to three times the net worth for a company's first transaction.

The IPO of the company has been divided from 40 shares to 10 shares. The company sold the IPO for general investors from November 27 to August 2.