KATHMANDU, Dec 2: Salapa Bikas Bank will open its IPO for migrant workers from December 11.
A total of 172,388 shares, worth Rs 17.23 million, have been allocated for Nepalis currently employed abroad. Applications can be submitted until December 15, with a minimum of 10 and maximum of 25,000 units.
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The bank has received approval from SEBON to issue shares equivalent to 33 percent of its paid-up capital. Muktinath Capital is the issue manager.
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