The company has appointed Siddhartha Capital as its issue manager. The interested investors can apply for a minimum of 50 and maximum of 500,000 units of shares at a price of Rs 100 per unit.
The investors can apply for the shares from Himalayan Bank-Gaurishankar Branch, Mahalaxmi Bikas Bank-Charikot Branch, NIC Asia Bank- Charikkot Branch, Siddhartha Bank- Charikot branch and Sidhu Bikas Bank at Mude Branch, Charikot Branch and Singeti branch.
ICRA Nepal has assigned grade 4 for the issue indicating below average fundamentals.
Presently, the company has a paid-up capital of Rs 1.13 billion that will reach Rs 1.34 billion after the first phase IPO.
