{{TAG_OPEN_div_12} Kathmandu. The Securities Board of Nepal (SEBON) has approved Kantipur Pharmaceuticals Labs Limited to issue an initial public offering (IPO) to the general public. The board has allowed the company to issue 80 lakh units of ordinary shares (IPO).
The company is issuing an IPO worth Rs 80 crore at a face value of Rs 100 per share.TAG_OPEN_div_10
Out of the total issue, 17 lakh units or 21.25 per cent have been allotted to the general public. The remaining 63 lakh units or 78.75 per cent have been allotted to other groups.TAG_OPEN_div_8
Muktinath Capital Limited has been appointed as the issue manager for the IPO issuance.TAG_OPEN_div_6
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