NIFRA IPO Issue From 15th January 2020
Nepal Infrastructure Bank Limited is going to issue the Initial Public Offering (IPO) from 15th January 2020. Meanwhile, the company is issuing 80 million shares which is the biggest amount of IPO shares issuing in Nepali Shares Market history. NIFRA is the first infrastructure bank of Nepal whose main aim is to invest in the infrastructure sector of Nepal. The corporate office of NIFRA located at Krishna Tower, Naya Baneshwor Kathmandu Nepal. This company has issued 40% of the Issued Capital (20 Arba). This company has also allocated 1 lakh 60 thousand shares to the employees of the company and 40 lakh unit shares to mutual fund. General Public will apply for 7 crore 58 lakh and 40 thousand shares units.
Application Date of IPO Issue
- Opening Date: 15th January 2020
- Early Closing Date:18th January 2020
- Late Closing Date : 29th January 2020
Share Holder Ratio of NIFRA
The total issued capital is 20 Arba. The promoters of the NIFRA has 60% shares whereas the general public will hold 40% shares after the allotment of Initial Public Offering (IPO)
Issue Manager
- The Issue Manager of NIFRA IPO is NIBL Ace Capital
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