सिंहदरबार संवाददाता
Kathmandu. Om Meghashree Pharmaceuticals Limited will be able to apply for the IPO from today (Magh 21). The company has issued an IPO for Nepalese employed abroad in the first phase.
The company has issued an IPO for Nepalese citizens employed abroad by obtaining labor approval for 180,000 units of shares. Om Meghashree has received permission from the Nepal Securities Board to issue a total of 180,000 units of primary shares. Of which, 10 percent, or 180,000 units, has been opened for sale for Nepalese employed abroad.
Similarly, the company has reserved 54,000 units of shares, which constitute 3 percent of the total issuance, for employees working in the company and 90,000 units of shares, which constitute 5 percent, for the collective investment fund. The remaining 1.476 million shares will be issued to the general public.
Prabhu Capital Limited is the issuance and sale manager of the IPO. Investors will have to apply by Falgun 5. The minimum number of units to apply is 10 and the maximum number is 10,000 units.
Nepali nationals employed abroad can apply through all ASWA member banks and financial institutions approved by the Securities and Exchange Board of Nepal and their designated branch offices and also through Mero Share online.
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