The company is issuing 2,366,240 units of ordinary shares including 37,623 units of unsubscribed shares issued to the locals of the affected areas of eastern and western districts of Rukum to the general public from July 13..
Out of the total offered units, the company has secured 3 percent i.e. 70,988 units to employees and 5 percent i.e. 118,312 units to mutual fund. The general public can apply for the remaining 2,176,940 units of shares.
The interested investors can apply for a minimum of 10 and a maximum of 2,100,000 units of shares.
The investors can apply from all C-ASBA approved BFIs and meroshare software.
The company has appointed Sanima Capital as its issue manager.
ICRA rating Nepal has assigned B rating to the issue indicating high risk.
