Kathmandu. Hulas Infra has sought permission from the Securities Board of Nepal to bring an IPO at a premium price.
The company had filed an application with the Securities Board on July 14 seeking permission to issue the IPO at a premium price. If approved by the securities board, the company will issue an IPO at Rs 333.56 per share by adding a premium of Rs 233.56 at a face value of Rs 100.
The company is in the process of bringing a total of 3,547,188 units of IPO. The company will raise Rs 1.18 billion by selling the IPO.
Nabil Investment Banking is the IPO sales manager of Hulas Infra.
