The company is issuing 123,816.45 units of ordinary shares at a face value of Rs 100. The issue will close early on October 17 and lately on October 26.
The interested investors can apply for a minimum of 10 and maximum of 1,000 units of shares.
ICRA Nepal has assigned BB- rating to the issue indicating moderate risks.
The company has appointed Nepal SBI Merchant Banking as issue manager. The investors can apply from all C-ASBA approved BFIs and Meroshare.