In an IPO, Hathway Investment Nepal will sell 29, 25,000 shares at Rs. 50 per share
A financial services provider with a Nepali base is Hathway Investment Nepal Limited. In addition to mutual funds, fixed-income securities, and investment advisory services, the company provides a variety of other financial goods and services. Having been established in 2009, Hathway Investment Nepal Limited is registered with the Nepal Stock Exchange Ltd. The business has its main office in Kathmandu, Nepal, and a network of branch offices all over the nation.
Individual investors, corporate clients, and institutions are all targeted by the company’s products and services, which are made to satisfy their various investment needs and goals. Hathway Investment Nepal Limited is dedicated to offering its clients high-quality financial services, products, and support.
Hathway Investment Nepal Limited will issue stock in an initial public offering (IPO). To that end, the company applied to the Securities Board of Nepal (SEBON) on Chaitra 25, 2078 BS, for permission to float the shares. The company can only sell shares to the general public after receiving approval from SEBON.
If SEBON approves, Hathway Investment intends to sell 29,25,000 shares to the general public at a par value of Rs 50 each. As a result, the entire public issue is Rs 14.62 crores. Global IME Capital Limited has already been appointed as the issue and sales manager for the IPO. In this regard, the company and Global IME Capital have agreed.