NMB Bank is issuing FPO of 1,14,15,163 units shares at Rs 333 per share from today; 30 jestha 2075. The FPO will be close on 3 Ashad 2075.
Interested applicants can apply minimum 10 units of shares & maximum of 0.5% or 57,070 units of shares. FPO is issuing only for general public. It will be issued for institutional investors if not subscribed within 4 days of issue open.
Citizen Investment Trust has been appointed as issue manager for FPO.
Interested applicants can apply from all the C-ASBA approved bank & financial institutions.
NMB Bank got final approval from SEBON to issue further public offering (FPO) on 18 jestha 2075.
The bank is issuing FPO 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.
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.
