The company is set to issue 2 million units of shares at a face value of Rs 100 per share. The company will issue 800,000 units of shares worth Rs 80 million to locals of affected area while 1.2 million shares worth Rs 120 million to the general public.
The company has appointed Civil Capital Market as its issue manager. Presently, the company has a paid-up capital of Rs 600 million which will reach Rs 800 million after the IPO issuance.
