Kathmandu. Today (Baishakh 22) is the last day to apply for the Initial Public Offering (IPO) of Trade Tower Limited, which has been open for issuance and sale since Baisakh 8. The company has issued an IPO for Nepalese employed abroad.
The company had received permission to issue 397,169,300 shares at a face value of Rs 100 per share, equivalent to Rs 397,169,300, at a rate of 48.696 percent of the issued capital.
Out of which, in the first phase, the company has issued 397,169.30 shares worth Rs 397,169,930 for Nepalese employed abroad, after obtaining labor approval from the relevant body of the Government of Nepal.
A minimum of 10 shares will have to be applied for in the company’s IPO. The company has stated that applications can be submitted for a maximum of 1,000 units. The company’s share issuance and sale manager is Lakshmi Sunrise Capital Limited.
प्रतिक्रिया दिनुहोस्