Share MarketEmerging Nepal issuing IPO from today

Emerging Nepal issuing IPO from today

Emerging Nepal has opened IPOs from today. The company has issued 5,55,600 IPOs worth Rs 5,55,60,000.

Out of which 2 percent or 11 thousand 112 shares have been secured for employees and 5 percent or 27 thousand 780 shares have been secured for collective investment funds. And, the remaining 5 lakh 16 thousand 708 shares will be issued to the public.

The interested investors should have submitted their application from Magh 26 to Falgun 1 .

According to the Issue manager NIC Asia Capital, people can apply for a minimum of 10 unit to 1,000 unit on this IPO,

Interested applicants can apply through C-ASWA member banks and financial institutions and through Meroshare website and app.

The company’s paid-up capital, which is currently Rs 50 crore 40 lakh, will exceed Rs 55 crore 56 lakh after the IPO.

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