NMB Bank FPO allotment to be done today ; Small investors to be fully allotted

The FPO of NMB Bank will be allotted to the applicants this evening. The result will be published after 4pm and will be available in NepseKhabar. 

The FPO of NMB Bank was over subscribd by the closing day. Thus, apart from few big investors everyone will be allotted with the shares they applied for.

 The FPO of NMB Bank had begun from Jestha 30, 2075. The bank had issued 1,14,15,163 unit shares as further public offering to the overall population at a cost of Rs 333 for each unit.

ICRA Nepal had doled out Grade 3 rating to the issue showing normal essentials. 

Citizen Investment Trust is the issue director for the FPO issuance. 

After the capitalization of the FPO, paid-up capital will achieve Rs 7.60 arba with 51 and 49 rate shareholding of promoters and general public separately. The bank has proposed 15% bonus shares to its investors worth Rs 1.14 arba after which the paid up capital of the bank will achieve Rs 8.74 arba thus, meeting the base capital necessity.

Check the following link for the result, after the allotment is concluded :

NMB Bank FPO Result