Hathway Investment Nepal is making its IPO available to the general public starting today, at a price of 50 rupees per share.

Hathway Investment Nepal Limited is embarking on its Initial Public Offering (IPO) journey, with a total of 26,32,500 shares priced at NPR 50 per share during the second phase. This phase of the IPO started on Bhadra 21, 2080 BS.

If the IPO garners full subscriptions, it will conclude on Bhadra 25, 2080 BS. However, in the event of under-subscription by that date, the application deadline will be extended until Ashwin 4, 2080 BS.

Interested investors have the flexibility to apply for a minimum of 20 shares or a maximum of 100,000 shares. Among the total shares available, 1,46,250 shares have been allocated to mutual fund schemes, while 58,500 shares are specifically reserved for the company's employees. Consequently, the general public has the opportunity to participate in the remaining 24,27,750 shares.

The total issued capital of Hathway Investment Nepal Limited is NPR 1.17 Arba, of which 12.50%, or 29,25,000 unit shares, are made available to the public, including Nepalese nationals living and working overseas. Within this allotment, 10% (292,500 shares of unit shares) are designated for Nepalese nationals working abroad, and 2% (58,500 shares) are designated for staff members of the company. The mutual funds will receive an additional 5% of the total shares offered (146,250 units), leaving 24,27,750 units for the general public.

The issue management for this IPO is entrusted to Global IME Capital Limited. Applications for shares can be made, with a minimum of 20 units and a maximum of 100,000 units.

This issuance will raise NPR 14.625 crores for Hathway Investment Nepal Limited, as each share is valued at NPR 50 per share. The company's current paid-up capital of NPR 1.023 Arba is poised to reach NPR 1.17 Arba following the IPO allotment.