Last day to apply for IPO of NADEP Laghubitta !!!

Today is th last day to apply for IPO of NADEP Laghubitta. 

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

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

Nabil Investment is the issue manager for the IPO. ICRA Nepal, has assigned ‘Grade 4+’ rating to the proposed Initial Public Offering (IPO).

NADEP earned Rs 4.46 crore in the third quarter of the fiscal year 2074/75. It has paid-up capital of Rs 11.20 crore with reserve of Rs 15.57 crore in Q3. The per share earning (EPS) stood at Rs 53.09 in the same period.