SEBON approved the IPO on April 24.
The company is planning to issue 44.99 percent of primary shares which is 4,353,000 units of shares to the public. The company has 55.01 percent promoter shares ownership of Rs 532.2 million.
After the IPO issuance, the company will have paid-up capital of Rs 967.5 million.
The company publishes Nagarik Daily.
The company has appointed Mega Capital as its issue manager.
