Citizens Capital Limited Promoted "Citizens Super 50" to Issue 10 Crore Units Mutual Fund Scheme to General Public From Mangsir 02
Summary
Citizens Capital Limited will open the Citizens Super 50 close-ended mutual fund scheme for the public from Mangsir 2 to Mangsir 7, 2083, with a possible extension until Mangsir 16 if the issue is not fully subscribed. The scheme will issue 10 crore units, with Citizens Bank International Limited receiving 15% as the scheme manager and the rest offered to the general public and institutions.
Key Points
- Citizens Capital Limited has announced the public issue of the close-ended mutual fund scheme Citizens Super 50.
- The issue opens from Mangsir 2 to Mangsir 7, 2083, and may be extended to Mangsir 16 if not fully subscribed.
- A total of 10 crore units will be issued, with 15% allocated to Citizens Bank International Limited as scheme manager.
- The remaining 85% of units will be offered to the general public and institutions, with applications allowed from 100 units up to 1,00,00,000 units.
