Hotel Forest Inn Limited is set to complete the allotment of shares issued through its Initial Public Offering (IPO) for the general public on Monday, Falgun 4, 2082. The company’s issue manager, NIC Asia Capital Limited, has confirmed that the allotment will take place in the morning.
The company had issued a total of 33,20,000 ordinary shares to the general public from Magh 22 to Magh 26, 2082. Earlier, the portion of shares reserved for Nepalis working abroad had already been issued and allotted.
The IPO issuance was approved by the Nepal Securities Board (SEBON) on Poush 20, 2082.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
