Himalayan Bank Limited has secured approval from SEBON to issue an FPO of over Rs. 1.45 arba, offering 92.5 lakh shares at Rs. 157 per share.
Himalayan Bank Limited has obtained approval from the Securities Board of Nepal (SEBON) to issue a Further Public Offering (FPO). On Asar 22, SEBON granted the bank permission to issue a total of 92,50,469 shares, equivalent to Rs. 1 arba 45 crore 23 lakh 23 thousand 633 in value.
The bank plans to issue the FPO at a rate of Rs. 157 per share, which includes a face value of Rs. 100 and a premium of Rs. 57. Citizens Capital Limited has been appointed as the issue and sales manager for this FPO.
Currently, the paid-up capital of Himalayan Bank stands at Rs. 21 arba 65 crore 66 lakh 15 thousand 800. As of the last trading day (Sunday), the bank’s share price on the secondary market was Rs. 222.04 per share
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
