Nabil Bank Successfully Completes NI 31 Mutual Fund Unit Allocation

Summary

Nabil Bank Limited and Nabil Investment Banking Limited successfully completed the unit allocation for the NI 31 open-ended mutual fund scheme, issuing 1.5 crore units priced at Rs. 10 each.

Key Points
  • Nabil Bank Limited and Nabil Investment Banking Limited completed the unit allocation of the NI 31 mutual fund scheme.
  • A total of 1.5 crore units were issued in the first phase priced at Rs. 10 per unit.
  • 37.5 lakh units were reserved for the fund manager, and 1.125 crore units were offered to the public.
  • Allocation was done at Nabil Investment Banking Limited in Kathmandu with relevant representatives present.
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