Everest Colour Limited Opens IPO for Foreign Nepalese Immigrants From Today
Summary
Everest Colour Limited has opened its IPO exclusively for Nepalese citizens working abroad from 16th Baisakh 2083, offering 79,000 units as part of its public share issuance.
Key Points
- Everest Colour Limited has started its IPO issuance for Nepalese working abroad from 16th Baisakh 2083.
- The IPO offers 79,000 shares to Nepalese citizens abroad, with a minimum application of 10 units and a maximum of 7,000 units.
- The total issued capital of Everest Colour is Rs. 30 Crores, with 26.33% shares offered to the public.
- CARE Ratings Nepal Limited upgraded Everest Colour's issuer rating from CARE-NP BB- to CARE-NP BB indicating moderate financial risk.
