Kathmandu. Today is the last day to apply for the FPO of Himalayan Bank. Investors can apply till today’ banking hours.
The bank has issued an FPO since July 15. The Securities Board of Nepal (SEBI) has approved the issuance of FPO worth Rs 1.45 billion to Himalayan Bank. Accordingly, the company has opened the sale of 9,250,469 units of FPO at Rs 157 per share by adding a premium of Rs 57 at a face value of Rs 100.
At present, the founder’s group with a paid-up capital of Rs 21.65 billion has 72.99 percent and the general group has shares worth Rs 15.80 billion and the general group with 27.01 percent shares worth Rs 5.84 billion. According to the Bank and Financial Institutions Act, 2073 BS, at least 30 percent of the total issued capital has to be allotted to the general public.
In this FPO, investors can apply for a minimum of 10 units and maximum of all units. Investors can apply through c-ASBA member banks and financial institutions approved by the Securities Board and my share of CDSC.
Citizens Capital is the sales manager of this FPO.
