Upcoming IPO Share - Green Ventures Limited

Green Ventures Limited Upcoming IPO Share Update. Notice Regarding Upcoming IPO Share - Green Ventures Limited

Green Ventures Limited

Upcoming IPO Share Update

Green Ventures Limited is going to open the IPO issue and sale from March 22, 2022 (2078 Chaitra 8). The company is going to issue 3.125 million ordinary shares with a face value of Rs 100 per share. Out of the total shares to be issued, 3 percent or 93,750 shares have been reserved for the employees, and 5 percent i.e. 1 lakh 56 thousand 250 shares will be distributed for mutual investment funds. The general public will be able to apply for the remaining 2.87 million shares.

Useful Links:

• Click Here To View TMS Broker List in Nepal
• List of Upcoming IPO Share in Nepal
• How to Renew Your Meroshare & DEMAT Account
• Reason for IPO Share Rejection

The IPO issue will be closed on 25th March 2022 (Chaitra 11, 2078) at the earliest and closed on 5th April 2022 (Chaitra 22, 2078) at the latest. Applications for the IPO can be submitted by all C-ASWA member banks and financial institutions and their branch offices approved by the Nepal Securities Board.

The issue and sale manager of the company is Lakshmi Capital Market Limited. Investors will have to apply for a minimum of 10 units of shares and a maximum of 50,000 units. are Rating Nepal has given CARE-NP BB (Is) to the company in the rating given for IPO issue. This indicates a moderate risk in the company's ability to bear responsibility.