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 ...