Everest Color will issue IPO from May 16
Kathmandu. Everest Color Limited is going to issue ordinary share IPO for the Nepalese who are employed abroad in the first phase from this 16th of Baisakh. The company has received permission from the Nepal Securities Board to issue 16.33 percent of its issued capital of Rs.
79 lakh shares equal to 79 lakh rupees, which will be 10 percent of the total shares that have been allowed to be issued, are going to be issued for Nepalese citizens who are working abroad after obtaining labor approval from the relevant agencies of the Nepal government. When applying for it, a minimum of 10 shares and a maximum of 7,000 shares can be requested. The application should be submitted within the banking hours of May 22. Muktinath Capital Limited will be the manager of the securities issue and sale of the company.
Express
Related News
What is the foreign currency exchange rate today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 152 rupees 70 paisa and the selling rate is 153 rupees 30 paisa.
The b...
The economic growth rate of the current fiscal year is expected to be limited to three and a half percent
Kathmandu. The government has predicted that the country's economic growth will be limited to 3.5 percent. This projection has been made in the half-yearly review of the current financial year's budget. The annual growth rate of the current year's...
IPO sale of Bhujung Hydropower is open, how many shares can be filled?
Kathmandu. Bhujung Hydropower Limited has opened the IPO sale for the public from January 12 today. The company has issued the IPO and distributed it to local residents affected by the project and Nepalese who have gone abroad for employment, and...
2nd Economic Enumeration, five days training for enumerators across the country from today
Kathmandu. A five-day training program for the enumerators selected for the second national economic census, 2082, to be conducted by the National Statistics Office, is starting simultaneously across the country from today. Enumerators are going t...
Four construction companies blacklisted, not allowed to participate in government contracts
Kathmandu. The Public Procurement Monitoring Office has blacklisted four construction businessmen and joint venture JVs based on the recommendations of various public bodies. The office has informed that according to sub-section 1 of section 63 of...
Bellybridge being installed at Arughat
Gurkha. The Nepali Army and Gorkha Road Plan have jointly started the work of installing a bailey bridge at Arughat. Last Sunday, the Budhi Gandaki flood swept away a part of the Arughat bridge connecting Gorkha and Dhading. The construction of Be...



