Aadar Multi Investment Company Limited is set to launch an IPO of ordinary shares with Muktinath Capital as the issue manager.
The agreement was signed on Ashadh 2, 2081, by Chairman Mr. Yagya Murti Neupane and CEO Mr. Kabindra Dhoj Joshi.
Aspect | Details |
Company Name | Aadar Multi Investment Company Limited |
IPO Issue Manager | Muktinath Capital |
Agreement Signing Date | Ashadh 2, 2081 |
IPO Offering | 5,357,400 shares |
Share Price | Rs. 100 per share |
Percentage of Authorized Capital | 30.5% |
Total Authorized Capital | Rs. 1.7858 billion |
Key Figures in Agreement | Mr. Yagya Murti Neupane (Chairman), Mr. Kabindra Dhoj Joshi (CEO) |
Company Establishment | A joint venture among merchants trading in Chinese goods |
Land Acquired | Over 36 plots in Balkhu |
Commercial Building Details | 2,152 shops, over 865 completed |
Future Investment Plans | Financial infrastructure, hydropower projects |
The IPO will offer 5,357,400 shares at Rs. 100 each, making up 30.5% of the company’s total authorized capital of Rs. 1.7858 billion.
The company formed as a joint venture among merchants dealing in Chinese goods, seeks to address challenges in the business sector by enhancing investment opportunities.
The company has acquired over 36 plots of land in Balkhu, where it has built a commercial building with 2,152 shops, of which more than 865 are already completed. Future investment plans include financial infrastructure and hydropower projects.
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