22.38% Annual Returns Sounds Good to You? Consider Applying for IPO of "Sunrise Bluechip Fund"

Sunrise Capital Limited has opened the IPO issue of 10 crore units of Sunrise Bluechip Fund. from 1st Chaitra. This issue will close on 4th Chaitra, 2077. If the issue is not fully subscribed by then, the deadline can be extended to Chaitra 16.

Out of the 10 crore units to be auctioned, 15% units have been reserved for fund promoter Sunrise Bank. The remaining 8,50,00,000 units are open for application. Rs. 10 is the par value per unit. Applicants can apply for a minimum of 1,00 units and a maximum of 1 crore units.

By this Monday (yesterday), the issue was subscribed over 50.6% from over 22,000 applicants. This was only the second day of the issue. Furthermore, the fund has projected that it will be able to provide a 22.38% annual dividend to its unitholders. Thus, the fund manager has requested investors to invest without hesitation.