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Showing posts with the label #NIFRA IPO Issue

NIFRA Bank IPO Has been ISSUED for general public from today - NIFRA BANK Nepal

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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 ...

New Biggest ever IPO Issue of NIFRA - Nepal Infrastructure Bank | IPO KHABAR

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Nepal Infrastructure Bank Limited (NIFRA),  is going to issue biggest ever IPO in the market very soon. Being the first Infrastructure Development Bank of the nation, the bank aims to bridge the infrastructure financing gap by raising resources from domestic and international market through innovations like: establishing Equity, Debt, Mezzanine and Sector Fund Structures, Issuing On-shore and Off-shore Bonds and Debenture, etc. NIFRA will be issued Rs 8 arba IPO shares ie 8 crore Units shares. NIFRA has appointed NIBL ACE Capital as issue manager.  Company Background of NIFRA To accelerate the infrastructure development and bridge the financing gap in infrastructure and its allied sectors in Nepal, Nepal Infrastructure Bank Limited (NIFRA) is established by Banks and Financial Institutions (BFIs), Life and Non-life Insurance companies and other private sector leading entities and team of entrepreneurs in joint participation with the Government of Nepal (GoN). The Bank aspires ...