Norvic International Hospital to issue shares through book building method, seeks letter of intent from institutional investors

Apr 30, 2026 09:46 AM Merolagani



Thapathali-based Norvic International Hospital and Medical College Limited has started the process of issuing ordinary shares through book building method.

The hospital is issuing 20 percent shares i.e. 2,041,200 units shares of its issued capital. Out of total number of shares, the hospital is issuing 40 percent i.e. 816,480 units of shares to eligible institutional investors.

In this regard, the hospital has successfully organized a roadshow on April 24 at Kathmandu Marriott Hotel.

Information regarding submission of Letter of Intent:

Qualified institutional investors are required to submit a confidential sealed letter of intent as per the Book Building Guidelines.

Last date for submission: May 4, 2026, by 5:00 p.m.

Submission Place: Nepal Stock Exchange Limited (NEPSE), Singha Durbar Plaza, Kathmandu.

Letter of Intent Opening Date: May 5, 2083, 5:00 pm (at NEPSE office).

The company has appointed Laxmi Sunrise Capital Limited as the issue manager. This process is considered to be an important step for the health sector of Nepal. The cut-off price of the shares will be determined on the basis of the letter of intent received from the institutional investors, which will pave the way for the issuance of the shares to the general public.

 




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