Global IME Sammunati Scheme-1 to float public issue worth Rs 80 crore from today

Global IME Sammunati Scheme-1 is floating its public issue of worth Rs 80 crore from today (Falgun 2, 2072). Global IME Samunnat Scheme-1 is basically a 7 years closed-end mutual fund scheme. The mutual fund scheme will be managed by Global IME Capital, a wholly owned subsidiary of Global IME Bank. The offer will close on Falgun 5 at the earliest. The maximum closing date for the offer is Falgun 16, 2072. Application forms are available at all branches of Global IME Bank Ltd. Interested people must apply for a minimum of 100 units of share and they can apply for up to    80, 00,000 unit of share. The mutual fund company is issuing a total 8 crore units of ordinary shares at face value of Rs 10. Out of 80 crore unit share the company has allocated 1.10 crore or units shares 13.75% for the Global IME Bank Limited, 10 lakhs or units shares 1.25% for the Global IME Capital Limited and 6 crore 80 lakhs units for general public. The issue manager for the public issue Global IME Capital Limited. ICRA Nepal has assigned ‘(ICRANP) A- Adequate Credit Quality Rating’ to the public issue of Global IME Sammunati Scheme-1.