IPO for General Public: Everest Colour Limited To Issue 6,55,700 Units IPO Shares from Today
Summary
Everest Colour Limited has commenced its IPO offering 655,700 shares to the general public starting from 22nd Jestha, 2083, with a face value of Rs. 100 per unit, managed by Muktinath Capital Limited.
Key Points
- Everest Colour Limited opened its IPO to the general public starting 22nd Jestha, 2083, issuing 655,700 shares.
- The company’s issued capital is Rs. 30 Crores, with 26.33% shares offered to the public.
- Shares are allocated with 10% reserved for Nepali citizens abroad, 2% for employees, and 5% for mutual funds.
- CARE Ratings Nepal Limited upgraded Everest Colour Limited’s issuer rating to 'CARE-NP BB (Is)' indicating moderate risk.
