IPO of NADEP Laghubitta to commence from 10th Ashad ; Can apply as minimum as 20 units

Nadep Laghubitta has published its offer letter for the IPO. The public issue will commence from 10th Ashad, 2075 and end on 13th Ashad, 2075 (if early).

The company will float 4,80,000 units at a face value of Rs 100. However, 24,000 units (5%) will be set aside for company's employees whereas the other 24,000 units (5%) will be set aside for mutual funds. A total of 4,32,000 units will be available for the general public. 

An applicant needs to apply for a minimum of 20 units whereas the upper ceiling will be of 2,400 units. 

Nabil Investment will be the issue manager for the IPO.