Samling Power Company IPO – How to apply from Mero Share ?

Samling Power Company IPO has opened for general public from 4th Kartik to 8th Kartik, 2078. If the IPO is not subscribed by the early closing date Kartik 8, 2078, the IPO issue will close on Kartik 18, 2078.

A total of 7,30,000 unit shares will be issued at a par value of Rs. 100 per unit which is 14.6% of the company’s issued capital. Out of issues shares, 2% of the issue worth 14,600 shares have been allocated for company’s employees and 5% worth 36,500 shares has been allocated for mutual funds. The remaining 678,900 shares of IPO are for the general public.

According to Nepal SBI Merchant Banking Limited, the issue manager, applicants can apply for a minimum of 10 units to a maximum of 20,000 units. ICRA Nepal has provided the issuer rating of Double B Minus, denoting a moderate risk of default regarding timely servicing of financial obligations.

How to apply Samling Power Company IPO from MeroShare ? How to apply IPO online in Nepal ?