NIFRA Bank IPO Has been ISSUED for general public from today - NIFRA BANK Nepal
Nepal infrastructure bank ltd (NIFRA) has been opened IPO share to general public from today. IPO share will be opened for 4 working days ie; Jan 15, 2021 to Jan 19, 2021. The IPO will remain open until Magh 6, 2077 BS. If the issue remains undersubscribed until that period, it will extend to Magh 16, 2077 BS. "Citizen Life Insurance IPO Issue" The company is planning to sell 8 crores units worth Rs 8 Arba in the IPO. This will be the biggest IPO so far in the Nepalese Share market. Securities Board Of Nepal (SEBON) has provided the approval for IPO issuance on Poush 10, 2077 BS. NIFRA had submitted the application to the Securities Board on Mangsir 8, 2077 BS. “ HOW TO CHECK IPO RESULT | IPO KHABAR ” The bank was promoted by 41 promoters which include the Government of Nepal with 17% stake, Private sectors (35%), Life Insurance Companies (27%), Nepal Reinsurance Company Limited (4%), and individuals related to leading private business houses of Nepal. As of 1st quarter of ...