The company has appointed Nepal SBI Merchant Banking. As per Issue Manager, the IPO has been already oversubscribed by 30.73 times till April 23. A total of 225,350 applicants have applied for 4,646,960 units of shares in the three days opening.
The company is issuing 161,778 units of shares worth Rs 16.1 million. Out of the total offered shares, the company has allotted 2,489 units of shares to employees and 8,089 units to the mutual funds. The public can apply for the remaining 151,200 units.
The interested investors can apply for the shares from all C-ASBA approved BFIs and through meroshare software. The investors can apply for a minimum of 10 to maximum of 800 units of shares.
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