National Microfinance Financial Institution Limited is set to issue a Further public offering (FPO) at a premium price.
Initially, the company had submitted a proposal to issue shares at face value, but it has now revised its strategy and filed necessary documents with the Securities Board of Nepal (SEBON) to issue the FPO at Rs. 270.49 per share.
The company plans to issue a total of 669,900 shares. The FPO will be made public once approval is obtained from SEBON.
RBB Merchant Banking Limited has been appointed as the issue manager for the share issuance.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
