Nepal Republic Media Starts Issuing IPO

May 14, 2023 08:24 AM Merolagani



Nepal Republic Media, the first media company to issue an ordinary public offering (IPO), has started the issue to the foreign migrated workers of Nepal today.

The company is issuing 435,300 units of shares worth Rs 43.5 million to foreign migrated workers .

The issue will closes on May 28. 

The interested investors can apply for a minimum of 10 and maximum of 500 units of shares.

Informatics Credit Rating Nepal has assigned B+ rating to the issue indicating huge risks.

The company has appointed Mega Capital as issue manager. The investors can apply from C-ASBA approved BFIs and meroshare.

 

 




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