Public Issue of "RBB Focus 40" Mutual Fund Scheme Opening From Today
Summary
RBB Merchant Banking Limited is launching the public issue of the closed-end mutual fund scheme "RBB Focus 40" from 18th Bhadra to 22nd Bhadra 2082 with an extension possibility till Ashwin 01 if not fully subscribed.
Key Points
- RBB Merchant Banking Limited is opening the issue of the "RBB Focus 40" closed-end mutual fund scheme starting from 18th Bhadra 2082.
- The scheme will close on 22nd Bhadra 2082 but may be extended to Ashwin 01 if under-subscribed.
- The total unit shares are 10 crore with allocations to Rastriya Banijya Bank Limited (14%) and RBB Merchant Banking Limited (1%).
- The remaining 8.5 crore units worth Rs 85 Crores are available for the public and institutions.
