KATHMANDU: NESDO Laghubitta Bittiya Sanstha is making preparations to issue initial public offerings (IPO) on February 23.

According to the company, 828,750 units of primary shares worth Rs 82,875,000 will be issued.

Of them, 41,437 units of shares (5%) will be allocated for collective investment fund, 12,750 units of shares for the staffers of the company and the remaining 774563 units of shares will be put aside for general public, the company said.

People in general can subscribe for a minimum 10 to maximum 1,000 units of shares by February 27 from the date of issuance.

The company has appointed Global IME Capital Limited as the issue manager.