IPO for General Public: Shreenagar Agritech Industries Limited to Issue 25,10,493 Units IPO Shares from Ashwin 26
Summary
Shreenagar Agritech Industries Limited is issuing 25,10,493 IPO shares to the general public starting Ashwin 26, with a par value of Rs. 100 per unit and Nabil Investment Banking Limited managing the issue.
Key Points
- Shreenagar Agritech Industries Limited will open its IPO to the general public on 26th Ashwin, 2082, issuing 25,10,493 units.
- The company's issued capital is Rs. 1.63 Arba with 20% shares issued to the public and specific allocations for affected locals and Nepalese abroad.
- Nabil Investment Banking Limited is appointed as the issue manager for the IPO.
- ICRA Nepal Limited upgraded the issuer rating from B- to B, indicating a high risk of default but improved creditworthiness.
