Shreenagar Agritech Industries Limited Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today
Summary
Shreenagar Agritech Industries Limited has launched its IPO offering shares to project-affected locals in Rupandehi and Palpa districts and to Nepalese citizens working abroad starting today, with managed quotas and application limits.
Key Points
- Shreenagar Agritech Industries Limited opens its IPO for project-affected locals of Rupandehi and Palpa districts and Nepalese citizens working abroad.
- 1,63,125 units of IPO shares are offered to project-affected locals; 3,09,938 units offered to Nepalese immigrants abroad.
- IPO application period for locals is from 11th to 25th Bhadra 2082, and for Nepalese abroad from 11th to 15th Bhadra 2082, extendable if undersubscribed.
- The company produces agricultural feeds and products under brands ‘Sunaulo’ and ‘Himdana’ and has upgraded its issuer rating to B by ICRA Nepal Limited.
