The company is going to issue an IPO of Rs 25.TAG_OPEN_div_28 80 crore, which is 30 percent of the issued capital of Rs 86 crore. The company was allowed to issue 25,80,000 units of shares.
Out of the total offered shares, 8,TAG_OPEN_div_26 60,000 units have been set aside for the locals of the project affected area and 1,72,000 units have been allotted for the Nepali migrant workers.
The company has already allotted 34,400 units of shares to its employees and 86,000 units to mutual funds.TAG_OPEN_div_24
In the second phase, the company is issuing 14,27,600 units of shares at a face value of Rs 100 per share to the general public.TAG_OPEN_div_22
Applications can be place for minimum 10 units and maximum 100 TAG_OPEN_div_20 0 units. The issue will be closed on June 22 at the earliest and the latter will be on July 17.
NIMB TAG_OPEN_div_18 S Capital Limited has been appointed as the issue manager for the IPO issuance. The interested investors can apply for the ASBA service from the banks and financial institutions participating in the ASBA service through the C-ASBA system.
The IPO can also be applied online using CDS & Clearing Limited’s software Mero Shares.TAG_OPEN_div_16
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