IPO for General Public: Salapa Bikas Bank Limited to Issue 14,39,179 Units IPO Shares from Poush 16
Summary
Salapa Bikas Bank Limited will issue 1,439,179 IPO shares starting from 16th Poush, 2082 with a par value of Rs. 100 per unit, targeting the general public and with provisions for employees, mutual funds, and Nepalese abroad.
Key Points
- Salapa Bikas Bank Limited will open its IPO for 1,439,179 units to the general public on 16th Poush, 2082.
- The bank's issued capital is Rs. 52.23 Crores, with 33% issued to the public including overseas Nepalese citizens.
- Shares are set aside specifically for employees (0.5%) and mutual funds (5%).
- Muktinath Capital Limited is the issue manager, and the bank is rated IRN B (Is) by Infomerics Credit Rating Nepal Limited indicating high risk.
