KATHMANDU

Nepal Payment Solution Limited is planning to issue an IPO. The company is preparing to issue 3,506,000 shares at a par value of Rs 100 for the general public.

For the IPO issuance, the company has appointed Laxmi Sunrise Capital as the issue manager and sales manager.

In the agreement related to the appointment of the issue manager and sales manager, signatures have been made by Lokraj Sharma, the chief executive officer from Nepal Payment Solution, and Bijay Lal Shrestha, the chief executive officer from Laxmi Sunrise Capital.

Nepal Payment Solution is an automatic clearing house for domestic clearing and settlement approved by the Payment Systems Department of Nepal Rastra Bank.