Pushpalal Investment Company Limited has signed an agreement with Laxmi Sunrise Capital Limited to manage its upcoming Initial Public Offering (IPO) worth Rs 15 crore.
Pushpalal Investment Company Limited is preparing to bring its Initial Public Offering (IPO) for the general public. The company is planning to issue shares worth Rs 15 crore. To make this happen, the company have appointed Laxmi Sunrise Capital Limited as their IPO issue and sales manager.
Under this agreement, Pushpalal Investment will offer 15 lakh units of ordinary shares to public. Each share will have a face value of Rs 100. Through this public issue, the company is planning to raise total capital of Rs 15 crore.
The Agreement Signing
The official agreement for the IPO issue and sales management was signed between the two companies. Rajiv Sapkota, who is the Chairman of Laxmi Sunrise Capital, and Lal Prasad Sawa Limbu, the Chairman of Pushpalal Investment, signed the document on behalf of their respective organizations.
About Pushpalal Investment
Pushpalal Investment works with the slogan of ‘Small Investment, Big Opportunity, in Nation Building’. The company has been doing strategic investments in various sectors. These sectors includes energy, information and technology, communication, and tourism.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
