Share MarketThe IPO of NASDO Samriddha laghubitta opened from today

The IPO of NASDO Samriddha laghubitta opened from today

NASDO Samriddha Laghubitta has issued IPO to the public from today. The company has issued 828,750 kitta shares equal to 8 crore 28 lakh 75 thousand at the face value of Rs 100 per share.

Out of which 0.5 percent or 12,750 shares have been allocated for the employees of the company and 5 percent or 41,437 shares have been allocated for Mutual funds. The general public can apply for the remaining 774,563 shares.

While applying, application can be made for minimum 10 kitta and maximum 1000 kitta . Investors can apply till Phagun 15. While applying, applications can be submitted from participating banks and financial institutions and their designated branch offices and meroshare portal of CDSC in the C-ASBA service licensed by the Nepal Securities Board. The company has appointed Global IME Capital as the sales manager for the issue of shares.

The head office of the company is located at Kushma in Parbat. The current paid up capital of the company is 17crore 21 lakh. After the IPO, the paid up capital of the company will reach 25crore 50 lakh.

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