Trade Tower Limited’s NPR 330 Million IPO Opens to the Public from Tomorrow

Trade Tower Limited is opening its Initial Public Offering (IPO) for the general public starting tomorrow, i.e., Jestha 14, 2082 (May 28, 2025). The company had previously issued its IPO to Nepali citizens working abroad in the first phase. In this second phase, it is issuing a total of 3,296,505.19 units of shares worth NPR 329,650,519 at a face value of NPR 100 per share.

Interested investors can apply for a minimum of 10 units and up to a maximum of 1,000 units. The deadline to submit applications is Jestha 19 (June 2, 2025). However, if the total shares are not subscribed by then, the deadline will be extended to Jestha 28 (June 11, 2025).

Laxmi Sunrise Capital Limited is the issue manager for this IPO. Applicants can apply through all C-ASBA member banks and financial institutions, their designated branches, or the Meroshare online platform. Credit rating agency ICRA Nepal has assigned the company a BB- rating, indicating a moderate risk in its ability to meet financial obligations.