The company is issuing 800,000 units of primary shares worth Rs 80 million at a face value of Rs 100 per unit.
Out of the total offered units, the company has allocated 2 percent i.e 16,000 units to employees and 5 percent i.e. 40,000 to mutual funds. The general public can apply for the remaining 744,000 units of shares.
The issue will close early on September 30 and lately on October 11. The interested investors can apply for a minimum of 10 and maximum of 50,000 units of shares.
ICRA Nepal has assigned BB- rating to the issue indicating moderate risk.
The company has appointed Civil Capital as its issue manager. The interested investors can apply from all C-ASBA approved BFIs and meroshare software.
