Aadar Multi Investment Company to launch IPO with Muktinath Capital as Issue Manager

Aadar Multi Investment Company to launch IPO with Muktinath Capital as Issue Manager
Aadar Multi Investment Company to launch IPO with Muktinath Capital as Issue Manager

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.

You may also like: