Ru Ru Jalbidyut Ltd IPO can be applied from Today.

Ru Ru Jalbidyut Pariyojana Ltd is issuing primary shares i.e. IPO to the public from today Chaitra 20 (April 2).

The company is going to issue 47,706 shares at a total price of Rs 120 by adding a premium of Rs 20 to the face value of Rs 100 per share.

Out of the total shares to be issued, 2 percent or 8 thousand 154 shares to be allotted to the employees and 5 percent or 20 thousand 385 shares to be allotted to the collective investment fund. General investors will be able to apply for the remaining 379,167 lots.

You have to apply for the purchase of the shares by April 6 (Chaitra 24). If the full application is not received by that time, the deadline will be extended till April 16 (3rd of Baishakh). In that IPO, investors will be able to apply for a minimum of 10 lots and a maximum of the entire lot.

ICRA Nepal has given ICRA NP IR Triple B rating to the company in the rating given for IPO issue. This indicates that it is moderately safe to meet financial obligations on time.

The issue and sale manager of the company is NMB Capital Limited. All C-ASBA members who have received approval from the Nepal Securities Board can apply for the company's IPO from banks and financial institutions and their designated branch offices. IPO can also be applied from Mero Share Mobile App and Website.

https://meroshare.cdsc.com.np/

At present, the paid up capital of the company is Rs. 326.164 million. After the sale of IPO to the locals and the general public, the paid up capital of the company will reach Rs. 407.7 million.

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