Nepal Bank limited will be issuing further public offering (FPO) from 15 Ashad 2075 to 19 Ashad 2075.
The Bank will be issuing 1,76,84,858 units of share as further public offering at Rs. 280. FPO price is fixed adding Rs. 180 as premium to the face value of Rs. 100. The bank will collect Rs.3.18 arba as premium which will be added in reserve.
Interested applicants can apply minimum 50 units & maximum1,76,84,858 units or whole issues. With new guidelines for public issues, now institutional investor also can apply from first day of issue open & can apply maximum units as per their desire.
Siddhartha Capital limited has been appointed as issue further public offering (FPO).
Interested applicants can apply from all the C-ASBA approved BFIs.
Currently, ownership of government is 62% after FPO government ownership will be down to 51%.
Currently, its paid up capital is Rs.8.04 arba. After FPO, paid up capital will be reach to Rs.9.81 arba. Reserve will be increased thereby.
