Snow Rivers Limited is set to issue its Initial Public Offering (IPO) to the general public starting from Baisakh 29. Through this issuance, the company will float a total of 7,78,125 shares in the primary market. The IPO will remain open for subscription until Jestha 1, allowing interested investors to submit their applications within the specified period.
Investors can apply for a minimum of 10 shares and a maximum of 1,000 shares per application. The IPO issuance is being managed by Sanima Capital, which is serving as the issue and sales manager for the offering.
The company had received approval from the Securities Board of Nepal (SEBON) on Magh 18 to proceed with the public issuance. With this regulatory approval, Snow Rivers Limited has moved forward with its IPO process.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
