Public Issue of "Siddhartha Equity Fund 2" Mutual Fund Scheme Closing From Today

Summary

Siddhartha Capital Limited is closing the public issue of its mutual fund scheme 'Siddhartha Equity Fund 2' today due to oversubscription, ahead of the extended deadline.

Key Points
  • Siddhartha Capital Limited is closing the public issue of 'Siddhartha Equity Fund 2' mutual fund scheme today, 28th Baishakh, 2083.
  • The issue was opened on 21st Baishakh, 2083 and had an extended deadline until 4th Jestha, 2083.
  • The mutual fund is oversubscribed with 12,09,44,540 units applied worth Rs. 1.20 Arba from 97,285 applicants.
  • Out of 10 crore units, 15% are allocated to Siddhartha Bank Limited while 85% are for the general public and institutions.
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