Kathmandu. KBNR Iswa Power Limited is going to issue an initial public offering (IPO) to the general public. Jyoti Capital Limited has been appointed as the guarantor.
An agreement has been signed between the company. The agreement was signed by the Chief Executive Officer of Jyoti Capital Mr. Bikash Dhakal and Chief Executive Officer of KBNR, Mr. Ananta Karki.
The company is preparing to issue 11.9 crore units of shares at a face value of Rs 1.19 billion at a face value of Rs 100 per share.
Jyoti Capital, a subsidiary of Jyoti Bikas Bank, has a paid-up capital of Rs 21 crore.
