Kathmandu. Snow Rivers Company is going to issue an IPO. The Securities Board of Nepal (SEBON) has given final approval for the IPO issuance. The board has given permission to the company to publish the prospectus sheet for the issuance of public shares.

As per the approval of the board, Snow Rivers will issue a total of Rs 18.75 crore to the general public. The company is issuing 18,75,000 units of shares at a face value of Rs 100.

Sanima Capital Limited has been appointed as the issue manager for the IPO issuance.