Imagine you buy something from a store and the store pays you in return. Well, a private company plans to make this happen for real by establishing a hypermarket business venture in the country. And it is set to establish this venture by selling its shares to the public while converting its shareholders into customers.
Sherza Ventures, a private company targets to make this happen by selling 19 million shares to the public at Nu 13 per share with a face value of Nu 10 per share. The company targets to raise close to Nu 250 M which will be invested in establishing an all-store eco-system hypermarket.
“Once we raise fund we are going to come up with Big C and seven eleven kind of concept prevalent in Thailand. We are going to come up with a hypermarket here too and then according to the demand we are going to have satellite stores across the country beginning from Thimphu,” said Jurmay Chophel, the founder of Sherza Ventures Limited.
The store will sell groceries, fashion clothing and other consumable items that people from all walks of life purchase every day. So the plan is to make the shareholders its customers so that the company sustains and shareholders receive greater dividends as the company grows.
“This will be the first company that will rely on its shareholders to buy from its own company and make the business sustainable. You invest in the company, you buy from the company at the same time make it sustainable so that you can enjoy other benefits like subscription, special discounts, membership schemes, and also free delivery for designated prime members,” he added.
Sherza Ventures Limited is a Royal Securities Exchange of Bhutan and Registrar of Companies approved private company.
