Shubhshree Agni Cement Industry Limited Seeks Approval from Board to Issue IPO

Shubhshree Agni Cement Industry Limited has applied to the Nepal Securities Board (SEBON) for permission to issue ordinary shares (IPO). The company has proposed to issue 2 crore 2 lakh 10 thousand shares at a price of 100 Nepali Rupees per share, which means the total IPO will be worth 2 arba 2 crore 10 lakh Nepali Rupees.

This IPO is being launched targeting the local residents and general investors who will be affected by the event. Mauchhapuchchhre Capital will manage the share sale.