Do you know which companies are under-writing for Nepal Bank FPO ????

At the time when market is in a downward trend, another company is on a verge to float shares at a premium price. With mammoth issue units and issue price near the market price, Nepal Bank is all set to float the shares from 15^th Ashad, 2075.

Though the bank’s performance has improved in the recent days and the bank has huge assets, the FPO condition of NMB Bank has made the Nepal Bank officials worried. Thus, the officials have already informed the public about the handsome dividends in the near future.

As the huge public issues are bound to appoint underwriters who commit to buy the shares in case of undersubscription, Nepal Bank has also appointed underwriters who have charged certain fee and assured for subscription.

Seeing the data, we can find that newly established CBIL Capital has underwritten the highest amount of shares. CBIL Capital has committed for 41.20 lakh units. It is then followed by Global IME Capital, which has assured to buy 40.50 lakh units. The least amount is committed by Nepal SBI Merchant Bank.