The company is issuing 2.9 million units of shares at a face value of Rs 100. Out of the total offered shares, the company has allocated 5 percent i.e. 154,000 UNITS TO MUTUAL funds and 2 percent i.e. 58,000 units to employees. The general public can apply for the remaining 2,697,000 units of shares.
The issue will close early on March 23 and lately on April 2. The interested investors can apply for a minimum of 10 and maximum of 200,000 units of shares.
Care Ratings Nepal has assigned BB- rating to the issue indicating moderate risk.
The company has appointed Mega Capital as its issue manager. The investors can apply from all C-ASBA approved BFIs, meroshare webpage and mobile application.
