The company is issuing 800,000 units of primary shares worth Rs 80 million at a face value of Rs 100 per unit from September 27.
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 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.