Smart Doors Limited Initiates IPO with Muktinath Capital As Issue Manager

Smart Doors Limited, a leading door manufacturing company in Nepal, has announced its decision to issue ordinary shares through an Initial Public Offering (IPO). Muktinath Capital has been appointed as an issue manager to proceed with the IPO issuance process. The official agreement-signing event took place on the 17th of Poush, 2080.

Smart Doors plans to issue 2,80,000 ordinary shares with a face value of Rs.100/- each, amounting to a total share capital of Rs. 2 crore 80 lakh. The IPO presents a unique opportunity for the general public to become stakeholders in the company.

Chairman Mrs. Mita Murarka Agrawal, representing Smart Doors, and Chief Executive Officer Mr. Kabindra Dhoj Joshi, representing Muktinath Capital, formalized the partnership through the signing of the agreement during the event.