Kathmandu. Pushpa Lal Investment Company Limited is going to issue 15 lakh units of ordinary shares (IPO) for the general public. The company is going to issue 15 lakh units of shares at a face value of Rs 100 per share. The total amount of the IPO will be Rs 15 crore.

Laxmi Sunrise Capital Limited has been appointed as the issue manager for the IPO issuance. The agreement was signed by Rajiv Sapkota, Chairman of Laxmi Sunrise Capital and Lal Prasad Sawa Limbu, Chairman of Pushpalal Investment. The agreement signing ceremony was also attended by Bijay Lal Shrestha, Chief Executive Officer of Laxmi Sunrise Capital.

KATHMANDU: Pushpa Lal Investment Company Limited has been investing in various sectors to contribute to sustainable growth and development of Nepal’s economy.

The Company has been investing strategically in energy, information technology, communications and tourism sectors with the slogan ‘Small Investment, Big Opportunity, Nation Building’.

According to the company, the IPO is expected to increase the participation of the general public and also help in the expansion of investment and capital mobilization of the company.