The company is issuing 20 percent shares of issued capital worth Rs 937.5 million. Accordingly, it will issue 1,875,000 units of shares worth Rs 187.5 million to the general public.
Out of the total approved units, the company is issuing 10 percent of general public quota i.e. 93,750 units shares worth Rs 9.3 million to foreign migrated workers.
Interested investors can apply for a minimum of 10 and maximum of 1,000 of shares.
Care Rating Nepal has assigned BB- rating to the issuer indicating moderate risks.
The company has appointed Sanima Capital as issue manager. The interested foreign migrated workers can apply from all C-ASBA approved BFIs and Meroshare.
