The company is issuing the IPO at premium rate to general public from June 15 after concluding the issue to locals of affected area and foreign migrated workers of Nepal.
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.
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.
