Vision Lumbini Appoints Muktinath Capital as IPO Issue Manager

Summary

Vision Lumbini Limited has appointed Muktinath Capital Limited as the issue manager for its planned initial public offering. The company will issue 12.50 lakh ordinary shares, or 20% of its capital, to the public at a face value of Rs. 100 each.

Key Points
  • Vision Lumbini Limited has named Muktinath Capital Limited as issue manager for its IPO process.
  • The company plans to issue 12.50 lakh ordinary shares, equal to 20% of its issued capital, at Rs. 100 per share.
  • The IPO is intended to help mobilize domestic capital and fund investments in hydropower, renewable energy, agriculture, tourism, transportation, communications, IT and mineral exploration.
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