Kathmandu. Today is the last day to apply for the IPO which is open to the general public from January 29. The company had received permission from the Securities Board of Nepal (SEBON) to issue 20 million units of ordinary shares at a face value of Rs 100 per share at a face value of Rs 2 billion.
After the initial batch of IPO issuance, the company has set aside 5 Lakh units for mutual fund and 3 Lakh units for employees.
Applications can be place for minimum 10 units and maximum 1,00,000 units. The application can be submitted from the banks and financial institutions participating in the C-ASBA service approved by the Securities Board of India (SEBON) and their designated branches and CDSC’s My Shares.
Nabil Investment Banking Limited has been appointed as the issue manager for the IPO.
