IPO for General Public: Everest Colour Limited to Issue 6,55,700 Units IPO Shares from Jestha 22
Summary
Everest Colour Limited is issuing 6,55,700 IPO shares to the general public starting 22nd Jestha, 2083, with an early closing date of 27th Jestha, potentially extended to 5th Ashad if undersubscribed.
Key Points
- Everest Colour Limited will issue 6,55,700 IPO shares to the general public from 22nd Jestha, 2083.
- The company has an issued capital of Rs. 30 Crores and 26.33% of shares will be issued to the public.
- Shares are reserved for Nepalese abroad (10%), company employees (2%), and mutual funds (5%).
- CARE Ratings Nepal Limited upgraded Everest Colour Limited’s issuer rating to ‘CARE-NP BB (Is)’.
