Palpa Cements Industries Private Limited Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today
Summary
Palpa Cements Industries Private Limited has opened its IPO for project-affected locals of West Nawalparasi and Nepalese citizens working abroad starting 25th Poush 2082 with shares allocated for these groups and the general public.
Key Points
- Palpa Cements Industries Private Limited opened an IPO on 25th Poush 2082 for locals of West Nawalparasi and Nepalese working abroad.
- The IPO offers 18,75,000 shares to project-affected locals and 5,62,500 shares to Nepalese citizens abroad.
- The company has an issued capital of Rs. 3.75 Arba with 20% offered to the public.
- PCIL is part of the RMC Group and operates a cement plant with significant clinker and cement production capacity in Nawalparasi.
