NIBL Ace Capital Limited is closing the IPO issue of NIBL Samriddhi Fund - II from today ie. 16th Baisakh. This IPO issue was opened on 13th Baisakh and it's already oversubscribed on the 3rd day. All the interested investors can apply till today.
NIBL Samriddhi Fund - II is a mutual fund scheme worth Rs 1.2 Arba. Considering that each unit of a mutual fund has a face value of Rs. 10, twelve crore units will be issued.
NIBL Samriddhi Fund - II is a closed-end mutual fund scheme with a maturity period of 10 years. Out of the total 12 crore units, 10 lakh units have been reserved for the issue manager NIBL Ace Capital. Similarly, 2.3 crore units have been reserved for the fund promoter Nepal Investment Bank. The remaining 9.6 crore units will be issued for the public.
Investors should apply for a minimum of 100 units and a maximum of 1.20 crores.
Straight Answers to Straight Questions; Exclusive Interview With Assistant GM Sachindra Dhungana on Upcoming IPO Issue of "NIBL Samriddhi Fund - II"