The company is issuing 2,467,400 units of ordinary shares at a face value of Rs 100 per unit. Out of the offered units, the company has secured 2 percent i.,e. 49,348 units to employees and 5 percent i.e. 123,370 units to mutual funds. The general public can apply for the remaining 2,294,682 units.
The interested investors can apply for a minimum of 10 and maximum of 50,000 unit. The issue will close early on August 21 and lately on August 30.
Care Ratings Nepal has assigned BB rating to the issue indicating moderate risks.
The company has appointed Prabhu Capital as its issue manager. The interested applicants can apply from from all ASBA approved BFIs and meroshare app and website.
