Kathmandu. Nepal’s largest compensation company IME is preparing to release an IPO. The company is going to hold a basic conference on November 16 with the program of releasing primary shares to the general public. There is a special proposal to provide an IPO in the general conference notification released by the company.
Khilendra Paudel, the ceo of the firm, stated that the firm will issue 50 percent bonus offer shares of the paid-up funding as well as the staying IPO from the upcoming general meeting.
Paudel, the chief executive officer of the firm, claimed that the process of providing the IPO will certainly start after the general conference to be held in November.
He claimed that after 8 years of improvement into a restricted firm, the firm is going public and this will certainly produce much more trust fund amongst the public.
The company, which has actually been supplying remittance solutions for 20 years in Nepal, is getting compensations from around 200 countries. The head of state of the firm is Chandra Prasad Dhakal, elderly vice president of Federation of Nepal Market and also Business.