April 4: Dangdi Group Power Ltd has floated initial public offering (IPO) of 973 thousands 737 units equity shares in the market from Sunday. Company has allocated 19,474 units of shares for employees, 48,646 units for mutual investment funds and remaining 905,577 units of shares for general public among the offered shares. Company has already distributed allocated shares to mutual investment funds. Company will close the share issuance earlier in Chaitra 24 and latest in Baisakh 5.

Interested investors can apply for the IPO from share registrar NIBL Capital Markets Ltd and branch offices of Nepal Investment Bank Ltd. Similarly, share application can be submitted in Dangdi Group Power Ltd, Anamnagar, Vibor Capital Ltd, Krishna Galli Lalitpur, Growmore Merchant Banking Ltd, Durbarmarg, Kathmandu.  Likewise, interested investors can also apply from branches of Guheshwori Merchant Banking and Finance Ltd, branches of Apex Development Bank Ltd, branch of Synergy Finance Ltd, branch of Kathmandu Finance, branch of Sajha Development Bank and branch of Arniko Development Bank Ltd.