NCELL IPO Issue News Nepal

Photo By: Ashesh Ghimire


    Ncell Axiata Limited (previously Ncell Pvt Ltd) has been working in Nepal since 2004 as the first private mobile operator in the country. who committed to being the best local mobile network for the people living in the country, provide services of international quality with a local touch. Most of its employees are Nepali and our services are designed to meet the needs of the local society.

    NCELL is constantly working towards our goals of connecting everyone in Nepal through its network, providing high quality, modern and cost-effective services, and creating value for its own customers and partners. Ncell axiata is part of the Axiata Group Berhad, one of Asia’s leading telecommunications group.



Axiata operates in ten countries with 25,000 employees and serves approximately 290 million subscribers. With a diverse portfolio in mobile network operations, communications infrastructure services, and digital services, the Group pieces together the best in connectivity, technology, and people in its vision of Advancing Asia. Together with Axiata, Ncell Axiata contributes to the development of the country’s economy and infrastructure, building best-in-class networks and bringing people in the remotest areas of Nepal within the reach of communications.

NCELL is going to issue Initial Public Offering (IPO) Shares SOON

    Ncell Axiata Limited (previously Ncell Pvt Ltd) has been working in Nepal since 2004 as the first private mobile operator in the country. who committed to being the best local mobile network for the people living in the country is going to issue IPO shares soon. Axiata currently owns 80% of Ncell and local partner Bhavana Singh Shrestha owns the remaining 20%. Article 13 (1) of the Companies Act 2063, there is a provision to transform a private limited company into a public company if its paid-up capital is more than Rs. 5 crores. Ncell's paid-up capital is Rs 10 crores. With the transformation into a public company, The Ncell can sell share up to 20% of its shares to the public.

#IPOKhabar #IPONews #NCELLIPO #Ncell #NCELLIPORESULT

Comments

Popular posts from this blog

Result of TU BA LLB has been published today

IPO issue date of Upakar Laghubitta Bittiya Sanstha Limited has been fixed | IPO Issue

Definitions of IPO share and FPO Share