NMB Bank got final approval from SEBON to issue further public offering (FPO) today; 18 jestha 2075.
SEBON has granted permission for the bank to issue FPO at Rs.333 per share.
The bank will issue 1,14,15,163 unit shares at Rs.333 per share adding Rs.233 premium on face value Rs.100.
The premium collection will be 2.65 arba from FPO which will be added in reserves.
Citizen Investment Trust has been appointed as issue manager for FPO. FPO will be floated soon.
Its paid up capital will be Rs.7.60 arba after FPO issuance. The Bank need to hike its capital by around Rs.40 crore even after FPO to meets capital requirement of 8 arba from Nepal Rastra Bank.
