The company will issue 3,564,930 units of shares (including 1,315,930 unit unsold shares issued to locals of affected area) to the general public.
The interested investors can apply for a minimum of 10 and maximum of 10,000 units of shares at a price of Rs 100 through all ASBA approved BFIs. The issue will close early on August 23 and lately on September 2.
ICRA Nepal has assigned ICRA NP IPO Grade 4 to the issue indicating below average indicators. The company has appointed NIBL Ace Capital as its issue manager.
