Kathmandu. Today is the last day to apply for the ipo issued by Bandipur Kewalkar and Tourism. The company has been issuing shares for Nepalis in foreign employment since July 15.

The company has received approval from the Securities Board to issue 20.70 percent of the issued capital of Rs 2.83 billion i.e. 5.86 million units of shares worth Rs 586 million.

Out of this, 529,400 units of shares worth Rs 52.94 million have been issued for the general public at the rate of 10 percent i.e. Rs 100 per share.

Applications can be made from a minimum of 10 to a maximum of 20,000 units. Nepalis living abroad can apply for the IPO through banks and financial institutions licensed by the Securities Board of Nepal and My Shares. Nepal SBI Merchant Banking Limited is the sales manager of the company.