Global IME Capital, the issue manager of the company informed that the shareholders have been sent their shares in the respective Demat account.
However, NEPSE has not disclosed the adjusted price for the first transaction of the share. Normally, NEPSE provides the adjusted price three times the net worth of the shares. As per the call out letter of the company while issuing the shares, it has a net worth of Rs 100 per share.
The company issued 2,030,430 units of shares worth Rs 213.04 million. Out of the total shares, a total of 1,989,675 units of shares were allocated to the general shares after allocating the shares to mutual funds and employees.