IPO for General Public: SY Panel Nepal Limited to Issue 40,76,156 Units IPO Shares from Kartik 19
Summary
SY Panel Nepal Limited will open its IPO for 40,76,156 shares at Rs. 100 each from Kartik 19, 2082, with Prabhu Capital as the issue manager. The company produces EPS and PUFF sandwich panels and is rated BB by ICRA Nepal.
Key Points
- SY Panel Nepal Limited is issuing 40,76,156 unit shares in an IPO starting on Kartik 19, 2082.
- The IPO shares are priced at Rs. 100 per unit, with applications accepted from 10 to 50,000 units.
- SYPNL produces EPS and PUFF sandwich panels, UPVC windows, steel doors, and related materials for prefabricated home construction.
- ICRA Nepal has reaffirmed SY Panel Nepal Limited’s issuer rating at BB, indicating moderate default risk.
