Jyoti Capital Appointed Underwriter for KBNR Isuwa Power IPO

KBNR Isuwa Power Ltd. has appointed Jyoti Capital Ltd. as the underwriter for its upcoming Initial Public Offering (IPO) of 1.19 crores ordinary shares worth Rs. 1.19 Aeba.

The underwriting agreement was signed by Jyoti Capital CEO Bikash Dhakal and KBNR Isuwa Power CEO Ananta Karki at Jyoti Capital's head office in Kamalpokhari, Kathmandu.

Jyoti Capital, a subsidiary of Jyoti Bikas Bank, provides merchant banking services including issue management, underwriting, investment management, and share registrar services.