The company has allocated 5 percent i.e. 74,250 units to mutual funds and 2 percent i.e. 44,550 units to the employees.
ICRA Nepal has assigned grade 4 rating to the issue indicating below average fundamentals.
The company has appointed Nabil Investment Banking as its issue manager. The issue will close early on April 8 and lately on May 2.
The interested investors can apply from all ASBA approved BFIs and through meroshare software. The interested investors can apply for a minimum of 50 to maximum of 6,500 units.