Kathmandu. Kalinchok Darshan Limited's IPO of 1 million 80 thousand shares will be open for sale from Tuesday (January 3). Chopny is going to issue an IPO worth Rs 108 million at a face value of Rs 100 per share.

Out of the IPO to be issued by the company, 10 percent of which will be 108,000 shares have already been issued to Nepalis who are employed abroad. Out of which 54,000 shares of collective investment fund and 21,600 shares of 2% have been allocated for employees. General public can apply for remaining 8 lakh 96 thousand 400 shares.

Nabil Investment Banking will act as the sales manager for this IPO. In this IPO, investors can apply for a minimum of 10 shares to a maximum of 4,990 shares. Investors can apply for this IPO till January 6. The company said that if the required application is not received by the specified time, the application can be submitted until January 17th.

Investors will be able to fill up shares through approved banks and financial institutions and My Shares. Care Rating Nepal has given the Issuing Company a 'Care NP Double B Plus' Issuer Rating indicating medium risk in its ability to bear financial obligations.