Ghorahi Cement, which has received approval from the Nepal Securities Board to issue public issue (IPO) of securities at a premium price, has opened sales from Tuesday, 19 Baisakh.
The company has opened IPO issuance for local residents of project-affected areas and Nepalese working abroad.
The company has received approval to issue an IPO at a face value of Rs 100 per share, with a premium of Rs 300 added to the project-affected locals, at a price of Rs 400 per share. Similarly, Sarvasadhan got permission to issue IPO at Rs 435 per share with Rs 335 premium added to the face value of Rs 100.