Kathmandu, Nepal – Today is the last day to apply Hotel Forest Inn IPO for investors to submit applications. The subscription period for the general public closes today, giving interested investors one last chance to participate in this offering.
Hotel Forest Inn has made 20 % of its total issued capital available to public investors, which amounts to 4 million shares worth Rs 400 million. Before opening to the public, some shares were already allocated to specific groups. Around 400,000 shares were set aside for Nepali workers abroad, 200,000 for mutual funds, and 80,000 for company employees. After these allocations, 3.32 million shares remain open for general investors.
Those who want to apply can do so for a minimum of 10 shares and up to 200,000 shares. This range makes it accessible for both small retail investors and larger participants. The issue has been given a BB- rating by Informerics Credit Rating Nepal, which suggests a moderate risk profile.
Investors can apply through C-ASBA-approved banks and financial institutions or by using the Meroshare online platform. If you’re thinking about applying, make sure to complete your subscription before the deadline today.
Stay tuned to NepseTalk for the latest news, and don’t miss the last day to apply Hotel Forest Inn IPO!
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