Nepal bank opens FPO for promoters, directors & their family members from today; 15 Shrawan 2075. The issue will be opened till 17 Shrawan 2075.
The bank had issued 1, 76, 84,858 unit shares at a price of Rs 280 per share (premium included Rs 180) to the general public from Ashadh 15 till Shrawan 14, 2075. Total issue is worth Rs.4.95 arba.
The issue had collected only 2,61,80,70,000 till the last day of its issue from 23,681 applicants.
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 by Rs.3.18 arba.
