Pokhara Finance revises FPO issue date; issue starts from Shrawan 29 & ends on Bhadra 1

Pokhara Finance Limited has revised its Further Public Offering (FPO) opening and closing date. Pokhara Finance Limited will be floating its FPO worth Rs 21.64 crore (9,83,682 units shares) at Rs 220 per unit from Shrawan 29, 2074. As per the earlier announcement the offer was set to open from Shrawan 25 and close on Shrawan 29, 2074 at the earliest. Today the finance company has published a notice stating that, the company has changed the opening and closing date for the FPO application to Shrawan 29 to Bhadra 1, 2074 respectively. The maximum closing date for the offer has also been changed to Bhadra 11, 2074. Interested people must apply for a minimum of 10 units of shares and they can apply for up to 4,900 units shares. NIBL Capital Markets Limited is the issue manager for the FPO. Interested applicants can collect ASBA forms from NIBL Capital, Lazimpat, as well as from Pokhara Finance. Also, applicants can apply from ASBA-approved banks around Nepal.