Salapa Bikas Bank Limited Opens IPO for Foreign Nepalese Immigrants From Today
Summary
Salapa Bikas Bank Limited opens its IPO to Foreign Nepalese Immigrants from today, offering 1,72,388 shares with the possibility of extension until 10th Poush 2082 if undersubscribed.
Key Points
- Salapa Bikas Bank Limited has opened an IPO issuing 1,72,388 shares specifically for Nepalese citizens working abroad starting 25th Mangsir 2082.
- The total issued capital of the bank is Rs. 52.23 Crores, with 33% allocated for public issuance, including shares reserved for employees and mutual funds.
- The IPO minimum application for foreign Nepalese is 10 units with a maximum of 25,000 units.
- Salapa Bikas Bank Limited is a 'B' Class development bank licensed by Nepal Rastra Bank, based in Khotang, operating since 2012 with 6 branches and key shareholders named.
