SEBON approves 4.80 lakh unit IPO of NADEP Laghubitta; Capital to reach Rs 16 crore
Fri, May 18, 2018 2:02 AM on IPO/FPO News, Latest, Stock Market,
Securities Board of Nepal (SEBON) has approved the Initial Public Offering (IPO) of Nadep Laghubitta Bittiya Sanstha.
The board has provided approval for issuance of 4.80 lakh unit shares at par value of Rs 100.
The issued amount is 30% of the company’s capital of Rs 11.20 crore which will reach Rs 16 crore after the public issue.
Nabil Investment Bank has been appointed as the issue manager for the public issuance.
