Om Megashree Pharmaceuticals to Sell 18 Lakh Shares in IPO
January 17, 2025 | Investopaper
Om Megashree Pharmaceuticals Limited is in the process of issuing shares to the general public (IPO). For this purpose, Securities Board Of Nepal (SEBON) has given the approval to the company on Magh 3, 2081 BS.
Now, after the approval from SEBON, the company plans to sell 18 lakh unit shares at the par value of Rs. 100 in the public offering. Hence, the public issue amounts to Rs. 18 crores.
As of Poush’s end 2081 BS, Om Megashree Pharmaceuticals Limited has a paid-up capital of Rs. 42 crores. After the IPO (if fully subscribed), the capital will increase to Rs. 60 crores.
The company has appointed Prabhu Capital Limited as issue and sales manager. The agreement for public offering was inked by Mr. Arjun Kumar Shrestha, Chairman of Om Megashree Pharmaceuticals and Mr. Dinesh Thakali, Managing Director of Prabhu Capital Limited.
Om Megashree Pharmaceuticals Limited was registered in 2017. The manufacturing plant is located at Jugedi-29, Bharatpur, Chitwan.
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