Norvic International Hospital’s share issue discussion ‘roadshow’ successfully concludes

Kathmandu. Norvic International Hospital Limited (NORVIC) has successfully held a discussion ‘Roadshow’ program in Kathmandu as part of the book-building process regarding the share issue. The roadshow was organized by Laxmi Sunrise Capital, the issue manager for the IPO was attended by qualified institutional investors.

} During the roadshow, the institutional investors presented their views and suggestions related to pricing, demand and valuation. In the presentation and discussion, Chief Executive Officer (CEO) of Norvic International Hospital, Mr. Ajaya Kumar Mishra provided detailed information about the current operational status, financial performance, strategic direction and future expansion plans.

The interaction has been able to give a clear understanding of the sustainable development and service potential of the hospital to the institutional investors.

Laxmi Sunrise Capital, the issue manager, presented detailed information on valuation methodology, pricing bases, demand analysis, book-building structure and regulatory provisions during the roadshow.TAG_OPEN_div_19 The participants expressed the view that the price discovery process presented by the participants was transparent, professional and trustworthy.

The successful completion of this program is expected to contribute significantly to further strengthening the book-building process in the capital market of Nepal.TAG_OPEN_div_17 This is expected to further encourage a transparent, market-based price discovery process and informed institutional participation.