Chandragiri Hills to issue IPO from January 8

Jan 01, 2021 09:59 AM Merolagani



Chandragiri Hills is set to issue IPO to the general public from January 8. The company is issuing 1,534,091 units of primary shares worth Rs 153.4 million.

Out of the total offered shares, 4 percent i.e. 61,364 units have been allocated to employees while 5 percent i.e. 76,705 units have been allocated to mutual funds.

The general public can apply for the remaining 1,396,022 units.

The issue will close early on January 12 and lately on January 22. The interested investors can apply for a minimum of 10 and a maximum of 13,960 units of shares through all C-ASBA approved BFIs.

The company has appointed Global IME Capital as its issue manager. ICRA Nepal has assigned [ICRANP-IR]BB+ rating to the issue indicating moderate credit risk.  




Commercial Banks Log Rs 64.56 Billion Net Profit in 11 Months

Jul 12, 2026 03:06 PM

Nepal's commercial banking sector has witnessed a notable turnaround, booking an aggregate net profit of Rs 64.56 billion during the first eleven months of the current FY 2082/83.

Gold and Silver Price Decline

Jul 13, 2026 10:55 AM

Gold and Silver Price Increase

Jul 15, 2026 10:53 AM