Himalayan Bank Limited Opening 92,50,469 Units FPO Shares Issue to General Public From Today
Wed, Jul 16, 2025 8:01 AM on IPO/FPO News, Latest,
Himalayan Bank Limited (HBL) has commenced the issuance of its 92,50,469 FPO shares at a Rs. 157 per share (Rs 57 premium), starting today, i.e., 32nd Ashadh, 2082. The early closing date for this offering is set for the 4th Shrawan, 2082. However, the deadline may be extended until 14th Shrawan, 2082 if it remains under-subscribed.
The company will issue 92,50,469 unit shares at Rs 157 per share (Rs 57 premium) from 32nd Ashadh, 2082, and intends to collect Rs 1.45 Arba from this FPO. Citizens Capital Limited has been appointed as the FPO issuance manager. Applications can be placed for a minimum of 10 units and a maximum of 92,50,469 units.
CARE Ratings Nepal Limited (CRNL) has downgraded Himalayan Bank Limited’s (HBL) issuer rating from ‘CARE-NP BBB+ (Is)’ to ‘CARE-NP BBB (Is)’, while keeping it under credit watch with negative implications. The same downgrade applies to HBL’s Subordinated Bond rating. These ratings indicate a moderate safety and credit risk for timely financial obligations in Nepal.
