Institutional Investors can place applications for ongoing FPO issue of NMB Bank from today; Issue still short by 57%
Mon, Jun 18, 2018 4:08 AM on IPO/FPO News, Latest, Stock Market,
NMB Bank Limited (NMB) has published a notice regarding the eligibility of the institutional investors for its ongoing FPO issuance from Ashadh 4, 2075 (i.e. today)
The bank is issuing 1,14,15,163 unit shares as further public offering (FPO) at a price of Rs 333 per share. After the individual investors failed to fully subscribe the shares, the institutional investors have become eligible to apply for the ongoing issue.
Till yesterday evening, the issue had collected Rs 1.64 arba from 50,000 applicants. The issue is still short by around 57%.
