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FPO News

Standard Chartered Bank Nepal appoints NMB Capital Limited as issue manager for FPO, FPO within Chaitra end

2017-01-16 In line with requirements by the central bank of Nepal, Nepal Rastra Bank (“NRB”), for all “Class A” banks in Nepal to raise their minimum paid up capital from Rs 2.0 arba  to Rs 8.0 arba by mid-July 2017, Standard Chartered Bank Nepal…

Nepal Life Insurance FPO collects record-breaking collection of over Rs 25.32 arba on the last day; collection from 40 counters pending

2017-01-16 Nepal Life Insurance Company’s FPO has collected more than Rs 25.32 arba on the last day (yesterday). Collection amounts from 40 centers is still pending. The issue has collected over Rs 40.5 arba so far, and will likely be the…

Nepal Life Insurance FPO oversubscribed by 3.5 times; collected Rs 15.50 arba; issue closing today

2017-01-15 Nepal Life Insurance Co. Ltd. has been floating 3,096,429 units FPO shares worth Rs. 4.41 arba, and today (Magh 2, 2073) is the last day to apply for the same. The issue has been oversubscribed by 3.5 times till the…

NLIC FPO issue well managed by Siddhartha Capital (with Photo Feature)

2017-01-13 Nepal Life Insurance Company Limited (NLIC) has been issuing 30,96,429 units shares worth Rs 4.41 arba as a part of Further Public Offering (FPO) from Poush 27, 2073. Unlike other public issues, collection centers seem less crowded and the overall…

Standard Chartered Bank proposes FPO of 2,558,140 unit shares at Rs 1,290 per unit; decision is yet to approve from SEBON; 100% bonus is expected from premium collection & reserve of FY 73/74

2017-01-13 Standard Chartered Bank Nepal Limited (SCB) has proposed further public offering worth Rs. 330 crore at Rs. 1,290 per unit. As per the notice published in NEPSE today, the 30th AGM of the bank held on December 15, 2016 and…

Nepal Life Insurance FPO collects Rs. 4.66 arba from 35,000 applicants on the second day; oversubscribed by 1.77 times

2017-01-13 Nepal Life Insurance Company Limited (NLIC) has been floating 30,96,429 units shares worth Rs 4.41 arba as a part of Further Public Offering (FPO) from Poush 27, 2073. The issue has collected Rs 4.66 arba on the second day. As…

Hamro Bikas Bank and Kailash Bikas Bank AGM today to approve 25% bonus; Hamro to approve 200% right

2017-01-13 Hamro Bikas Bank Limited (HAMRO) will be convening its 8th Annual General Meeting (AGM) today (Poush 29, 2073). The AGM will be held at Bidur-3, Battar, Nuwakot, Satanchuli Hotel at 1:00 PM. Main agendas of the AGM are: To increased its…

Nepal Life Insurance FPO collects Rs. 3.15 arba from 21,000 applicants on the first day; issue closing on Magh 2

2017-01-12 Nepal Life Insurance Company Limited (NLIC) has been floating 30,96,429 units shares worth Rs 4.41 arba as a part of Further Public Offering (FPO) from yesterday. The issue has collected Rs 3.15 arba on the first day. As per an…

Nepal Life Insurance issuing 30,96,429 units FPO shares at Rs 1,425 from today; Applicants can apply up to 30,960 units

2017-01-11 Nepal Life Insurance Company Limited (NLIC) is floating 30,96,429 units shares worth Rs 4.41 arba as a part of Further Public Offering (FPO) from today (Poush 27, 2073). The FPO is being issued at Rs 1425/unit. The FPO applications will…

“No shortage of Nepal Life Insurance FPO application forms” – Siddhartha Capital

2017-01-11 Siddhartha Capital Limited, issue manager for the ongoing FPO of Nepal Life Insurance Co. Ltd., has addressed the alleged news of shortage of application forms for the FPO. Issuing a press statement today, Siddhartha Capital said that the alleged news…

 

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