Kathmandu. Today is the last day to apply for the IPO of Trade Tower Limited. The company has opened 3.29 million units of shares for the general public since May 15.
The company has received approval from the Securities Board of Nepal to issue a total of 3,971,693 units of IPO at the rate of Rs 100 per share.
Of these, 397,169.30 units of shares have already been issued and distributed for Nepalis in foreign employment in the first phase.
Now the company has the remaining 35 lakh 74 thousand 523. Out of the 70 units, 198,584.65 units are for mutual funds and 79,433 units for mutual funds. 86 units have been reserved for the employees of the company.
At the end of the day, the remaining 3,296,505.19 units of shares were issued to the general public. Applications can be made for a minimum of 10 units and a maximum of 1,000 units.
Laxmi Sunrise Capital Limited is the issue manager of the company.
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