KATHMANDU, May 14: The Initial Public Offerings (IPOs) of Nepal Republic Media, a leading media house in Nepal, has opened for the Nepali nationals working abroad and its employees including journalists from Sunday.
According to a press statement issued by the Nepal Republic Media Limited, the company is floating 3,525,930 units of primary shares, which is 35.99 percent of its issued capital, for the general public.
24 companies preparing to issue IPOs worth Rs 6.5 billion
The company has allocated the remaining shares of the total 43,53,000 shares being sold to its staff and the Nepali nationals working abroad.
Read Republica's interview with Nepal Republic Media Limited Chairman Binod Raj Gyawali on issues related to the company's decision to issue IPOs and various other issues related to media industry in Nepal.
