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Showing posts with the label #Nepal Infrastructure Bank IPO

Nepal Infrastructure Bank Limited (NIFRA) IPO ISSUE

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NIFRA BANK IPO ISSUE  It has been almost two years since the establishment of Nepal Infrastructure Bank Limited (NIFRA) with a larger capital than other banks in Nepal. The Infrastructure Bank, which has the main objective of accelerating the infrastructure development, had started its financial transactions on February 8, 2075 BS by obtaining a license from Nepal Rastra Bank. New Biggest ever IPO Issue of NIFRA - Nepal Infrastructure Bank | IPO KHABAR The bank, which does not accept small deposits, has so far invested Rs 8.35 billion. Many of these loans have been invested in hydropower projects. The bank said there was a demand for loans for hydropower projects even amid the Corona epidemic. According to the bank, there is demand for investment in solar energy, cement and hotel industry after hydropower. The bank has so far invested Rs 5.40 billion in four 110 MW hydropower projects and Rs 1 billion in 20 MW solar power projects. Similarly, the bank has invested Rs 1.5 billion in...

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 ...