KATHMANDU, Jan 15: The Nepal Infrastructure Bank is issuing 80,000,000 units of Initial Public Offering (IPO) worth Rs 8 billion to the general public from Friday.
According to a press statement issued by the bank, out of total units, 0.20 percent i.e 1,60,000 units have been allocated for employees of the company, 5 percent i.e 4,000,000 units for Mutual Investment Fund and 7,58,40,000 units of shares have been allocated for the general public.
24 companies preparing to issue IPOs worth Rs 6.5 billion
Each unit of share costs Rs 100.