Hulas Finserv Hire Purchase Limited appoints NMB Capital as its issue manager

KATHMANDU, Sept 23: Hulas Finserv Hire Purchase Limited is preparing to launch its Initial Public Offerings (IPO) of ordinary shares soon and has appointed NMB Capital as its issue manager to facilitate this process.

According to a press statement issued by the company, it signed an agreement with NMB Capital to issue its IPOs. The agreement was signed by Shekhar Golchha, chairman of Hulas Finserv, and Deepesh Kumar Vaidya, CEO of NMB Capital.

“We are thrilled to announce that Hulas Finserv is gearing up for the IPO of its ordinary shares and we are pleased to partner with NMB Capital as our trusted issue manager. Their expertise and insights will be invaluable as we embark on this exciting journey towards our IPO. This partnership highlights our commitment to creating value for our stakeholder,” the statement quoted Chairman Golchha as saying.

CEO Vidya said,“NMB Capital is honored to be chosen as the issue manager for Hulas Finserv Hire Purchase’s IPO. Our team is committed to leveraging our industry knowledge and strategic insights to ensure a smooth and successful public offering for Hulas Finserv.”