Kathmandu. Reliance Spilling Mills Limited is going to issue IPO through book building method. The company has received approval from Nepal Securities Board for IPO issue permission.

In the first phase, the company will offer shares to qualified institutional investors. It has got permission to sell 7 lakh 70 thousand 640 shares for institutional investors through Bolakbol in the first phase. In Bolakbol, the selling price limit has been maintained from Rs 608 to Rs 912 per piece. Global IME Capital is the sales manager of the company.