Samling Power Company IPO opened From today

Samling Power Company Limited has opened IPO sales to the public. The company has stated that it has issued 730,000 IPOs worth Rs 73 million.

Out of the total issued shares, 5 percent or 36,500 shares have been allotted to the collective investment fund and 2 percent or 14,600 shares to the employees of the company.

Apart from that, the general public will be able to apply for 678,900 shares. The general investors will be able to apply for the IPO in shares until October 25 Monday. A minimum of 10 to a maximum of 20,000 lots can be applied for in an IPO.

The public will be able to apply from Mero Share’s mobile app, website, and all C-ASWA member banks and financial institutions approved by the Nepal Securities Board and their branch offices.

Nepal SBI Merchant Banking Limited is the sales manager of the company’s share issue.