Nepal Warehousing Company Starts Issuing IPO

Oct 27, 2023 10:34 AM Merolagani



Nepal Warehousing Company has started issuing an initial public offering (IPO) to the foreign migrated workers of Nepal from today, October 27.

The company obtained approval to issue 1,375,000 units of shares which is 10 percent of issued capital to the general public.

Out of it, it is issuing 10 percent i.e. 137,500 units of shares worth Rs 13.7 million to the foreign migrated workers in the first phase.

Interested investors can apply for a minimum of 10 and maxium of 50,000 units of shares. The issue will close on November 10.

The company has appointed Himalayan Capital as issue manager. The investors can apply from all C-ASBA approved BFIs and Meroshare.

Informerics Credit Rating has assigned BB rating to the issuer indicating moderate risks.

 

 




Gold and Silver Price Increase

Jul 03, 2025 01:14 PM

The gold and silver price have increased on July 3.

Gold and Silver Price Gain

Jul 01, 2025 02:34 PM

Gold Price Gains, Silver Loses

Jul 02, 2025 01:24 PM