Chandragiri Hills to issue IPO for locals of affected area from December 2

Nov 25, 2020 09:50 AM Merolagani

Chandragiri Hills is set to issue IPO for locals of affected area from December 2 . The company is issuing 306,819 units of shares to locals of affected area in the first phase.

In the first phase, the company will issue the primary shares to ward no 3,4,6 and 7 of Chandragiri Municipality, all wards of Thankot VDC , ward no 3,4,5,6,7,8 of Mahadevsthan VDC, ward no 9 and 10 of Thaha Municipality of Makwanpur District and ward no 5 of Indrasarawor Rural Municipality.

The company has appointed Global IME Capital as its issue manager. The interested investors can apply for a minimum of 10 to maximum of 3,060 units of shares. The IPO will close early on December 16 and lately on December 31.

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