Himalayan Bank Limited to Issue 92,50,469 Unit FPO Shares to General Public from Ashadh 32
Tue, Jul 8, 2025 9:52 AM on IPO/FPO News, Latest,
Himalayan Bank Limited (HBL) has published an offer letter to issue its Follow-on Public Offering (FPO) to the general public.
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. The early closing date of this issue is 4th Shrawan, 2082, and if the issue still needs to be fully subscribed, it can be extended up to 14th Shrawan, 2082.
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 92,50,46 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 degree of safety and moderate credit risk for timely financial obligations in Nepal.
