The company is issuing 1,977,300 units of primary shares worth Rs 197.7 million in IPO. Out of the offered units, the company has secured 30,420 units for employees and 98,865 units for mutual funds. The general public can apply for the remaining 1,848,015 units of shares.
The interested investors can apply for a minimum of 10 and maximum of 1,000 units of shares. The issue will close early on June 29 and lately on July 9.
The company has appointed NMB Capital as its issue manager. The applicants can apply from all C-ASBA approved BFIs and meroshare software.
ICRA Nepal has assigned BBB- rating to the issue indicating moderate risk.
The company has net worth Rs 305.27 by the period.
