By Karuna Thapa
Kathmandu, April 12
Upkaar Microfinance’s initial public offering (IPO) has been postponed. The company’s initial public offering (IPO), which was scheduled to run from April 8 to 12, has been extended by one day, to April 13.
The IPO has been postponed owing to a public holiday on the 10th of this month, according to the firm. Interested investors will have until tomorrow, April 13th, to apply for the company’s IPO buy.
The business sold 2,36,250 shares in an initial public offering (IPO) valued at Rs. 2 crores 36 lakh 25 thousand rupees. 5 percent of the total IPO, or 11 thousand 813 shares, was assigned to a collective investment fund, and 0.5 percent, or 3 thousand 281 shares, was given to employees, leaving 221 thousand 156 shares available to the general public.
Interested investors can apply for as few as 10 units and as many as 1,000 lots. Shares can be refilled at C-ASWA banks and financial institutions, as well as through Mero Share.
