Today is the last day of IPO for locals of Nagdi Group Power

Ngadi Group Power Limited had been floating 4,86,868 unit shares as part of its initial public offering (IPO) at face value of Rs 100, for the locals of Lamjung (project affected area) from Kartik 30, 2072 and Mangsir 14 (today) is the closing day for the same. NIBL Capital Markets Limited is the issue manager for the IPO issue. Interested eligible locals must apply for a minimum of 50 shares and they can apply for up to 20,000 shares. After the IPO issue for the locals of project affected area, it’s paid up capital will reach to Rs 38.94 crore. After the IPO for the locals of project affected area, the company will be floating 9,73,737 units shares as a part of IPO for the general public.