Kathmandu. Palpa Cement Industry Limited (Palpa) is issuing initial public offering (IPO) to the general public from today.

Prior to this, the company had issued its shares to the general public by issuing shares to project affected people, Nepalis living abroad for employment, employees and mutual funds.

As of FY 2081/82, the company has a net worth of Rs 119.62 and earnings per share of Rs 3.25. Similarly, the company has Rs 1,07,21,96,000 in reserves and funds.

The company has also projected its financial position for the next three years.

The company is projected to reach net worth per share of Rs 123.06, earnings per share of Rs 8.80 and reserves and funds of Rs 1.34 billion by the year 2082/083.

Similarly, the company is expected to reach net worth of Rs 131.30, earnings per share of Rs 8.14 and reserves and funds of Rs 1.65 billion by the fiscal year 2083/084.

Similarly, the net worth per share of the company is expected to reach Rs 139.66, earnings per share of Rs 8.26 and reserves and funds of Rs 1.97 billion by the fiscal year 2084/085.

The company has an internal rate of return of 13.78 percent, a return period of 6 years and 8 months and a discount return period of 10 years.

Rajesh Kumar Agrawal is the chairman of the company, Bishnu Kumar Agrawal, Sweety Kumari Agrawal and Yash Agrawal are the directors of the company.

The company’s primary shareholders include Rajesh Kumar Agrawal (36.12 percent), Bishnu Kumari Agrawal (36.12 percent), Sweety Kumari (4.61 percent), Yash Agrawal (4.66 percent), Shekhar Kumar Agrawal (4.66 percent), Sangita Agrawal (4.61 percent), Binod Kumar Shrestha (2.33 percent), Prabha Goenka (1.67 percent), Shashi Kala Shrestha (1.12 percent) and Shilpimani Jha (1.12 percent).

Rajesh and Bishnu Kumar Agarwal of RMC. Construction & Investment Pvt. Ltd., R.M. C. Investment Pvt. Ltd., RMC Cement Pvt. Ltd. and RMC He is the Chairman and Director of Foods Pvt. Ltd.