Aadar Multi-Investment Company to Issue IPO | Appoints Muktinath Capital as Issue Manager
June 19, 2024 | Investopaper
Aadar Multi-Investment Company Limited is in the process of issuing shares to the public (IPO). For this purpose, the company has appointed Muktinath Capital Limited as the issue and sales manager.
An agreement has been reached between the company and Muktinath Capital on this regard. The agreement was signed by Yagyamurthy Neupane, Aadar Multi-Investment Company and Kavindradhwaj Joshi, Chief Executive Officer of Muktinath Capital.
Now, the company needs to submit the application to the Securities Board Of Nepal (SEBON) after completing the necessary procedures. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
The company plans to sell 53,57,400 shares in the public offering.
About Aadar Multi-Investment Company Limited
Aadar Multi-Investment Company Limited, established in 2017, is currently constructing ‘Aadar Trade Mall, a multistorey commercial complex in Balkhu, Kathmandu
Recommended:
