The issue that has opened today will close on March 25, 2022 (i.e. 11th Chaitra, 2078).

KATHMANDU, MARCH 22

Green Ventures Limited has issued 31,25,000 unit shares via an Initial Public Offering (IPO) on Tuesday.

The issue that has opened today will close on March 25, 2022 (i.e. 11th Chaitra, 2078). However, if the issue is not subscribed by the early closing date, the deadline can be extended till April 5, 2022 (i.e. 22nd Chaitra, 2078).

31,25,000 shares have been issued at a par value of Rs. 100 per unit.

It has been learnt that 3 per cent of the total issue, i.e. 93,750 units have been allocated for employees while 5%, i.e. 1,56,250 units have been designated for mutual funds. The remaining 28,75,000 shares are for the general public.

Similarly, the minimum bid quantity is 10 units while the maximum is 50,000 units.

Laxmi capital has been appointed as the issue manager for the IPO issuance.