NMB Hybrid Fund L-1 will be floating its public issue of 8 crore unit shares worth Rs 80 crore from Bhadra 26, 2073.
NMB Hybrid Fund L-1 is basically a 7 years closed-end mutual fund scheme. The mutual fund scheme will be managed by NMB Capital, a wholly owned subsidiary of NMB Bank.
The offer will close on Bhadra 31, 2073 at the earliest. The maximum closing date for the offer is Ashwin 9, 2073.
Interested people must apply for a minimum of 100 units of share and they can apply for up to 80, 00,000 unit of shares.
The mutual fund company will be issuing a total 8 crore unit of ordinary shares worth Rs 80 crore at face value of Rs 10. Of the total 8 crore unit shares, the company has allocated 12 crore or 1.20 crore units shares, 14% for the NMB Bank Limited, 8 lakhs unit shares 1% for the NMB Capital Limited and remaining 6 crore 80 lakhs units for general public.
The issue manager for the public issue is NMB Capital Limited.
NMB bank already has its first mutual fund scheme NMB Sulav Investment Fund – 1 (NMBSF-1), listed in NEPSE. The last traded price of NMBSF-1 is Rs 16.20 per unit as of September 1, 2016. The current Net Asset Value of NMBSF-1 is at Rs 19.03 as on the report based on Shrawan end.
Collection centers details:
| S.No |
Collection Center Name |
Contact Person |
Contact Number |
| 1. |
NMB Capital Limited, Nagpokhari, KAthmandu |
Prahlad Shrestha |
01-4437963 |
| 2. |
NMB Bank Limited, Babarmahal, kathmandu & all of its branches |
Sitaram Dumre |
01-4246160 |
