The company has appointed Nabil Investment Banking Limited as the issue manager for the IPO issuance.TAG_OPEN_div_8 The issued capital of the company is Rs 3.50 billion and the company will issue 28.57 percent shares to the general public. The remaining 71.43 percent of the shares have been allotted to the promoter group.
The hospital, which is operating under the Frontline brand at Old Baneshwor, Kathmandu, currently has a 100-bed service.TAG_OPEN_div_7 Providing world-class medical services, the hospital building with 200 beds is also under construction to expand its service, the Company shared. Chairman of the Foundation, Nawaraj Pandey, said that preparations are being made to issue IPO as more capital is required for special services including cancer treatment.
The agreement was signed by Mr. Nawaraj Pandey, Chairman of Nobel College and Mr. Manish Narayan Joshi, CEO of Nabil Investment Banking.TAG_OPEN_div_5
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