Aadar Multi Investment Company Limited is set to launch an IPO of ordinary shares with Muktinath Capital as the issue manager. The agreement was s
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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