The company started issuing the IPO on January 6.
The company is issuing 20 percent ordinary shares of its issued capital worth Rs 1.55 billion. Accordingly, it will issue 3.1 million units of shares worth Rs 310 million to the general public.
Out of total approved units, the company will issue 155,000 units worth Rs 15.5 million to foreign migrated workers of Nepal.
The interested investors can apply for minimum of 10 and maximum of 100,000 units of shares.
Care Ratings Nepal has assigned BB rating to the issue indicating moderate risks.
The company has appointed Global IME Capital as issue manager. The foreign migrated workers can apply from all C-ASBA approved BFIs and Meroshare.
