The company is issuing all shares to the general public remained after issuing the IPO to locals of affected areas, foreign migrated workers, mutual funds and employees. Accordingly, the company will issue 6,911,670 units of shares at Rs 435 per unit including face value of Rs 100 and premium of Rs 335.
Interested investors can apply for a minimum of 10 and maximum of 1 million units of shares. The issue will close early on June 19 and lately on June 29.
Care Ratings Nepal has assigned BBB minus to the issue indicating moderate risks.
The company has appointed Himalayan Capital and Nabil Investment Banking as its issue manager. The interested investors can apply from all C-ASBA approved BFIs and meroshare.
