The company is issuing 2,415,300 units of ordinary shares at a face value of Rs 100 amounting to Rs 241.5 million.
Previously, the company issued 880,000 units of shares to locals of affected area and 291,000 units to foreign migrated workers of Nepal. Similarly, it issued 145,500 units to mutual funds and 58,200 units to employees.
Interested investors can apply for a minimum of 10 and maximum of 20,000 units of shares.
The issue will close early on May 27 and lately on June 6.
Care Ratings Nepal has assigned BB+ rating to the issuer indicating average risks.
The company has appointed Nepal SBI Merchant Banking as issue manager. The investors can apply from all C-ASBA approved BFIs and Meroshare.
