Salapa Bikas Bank is set to allot its IPO issued to Nepalis working abroad today (Poush 4), with 17,200 applicants expected to receive shares.
Salapa Bikas Bank will conduct the allotment of its IPO issued to Nepalis working abroad today, Poush 4 (Friday). According to the issue manager Muktinath Capital, the IPO allotment will take place at 9:30 AM. In the first phase, the bank had issued 172,388 shares to Nepalis with labor approval working overseas during the period from Mangsir 25 to Mangsir 29. Following the allotment, the bank is preparing to proceed with the IPO issuance for the general public. After the allotment, 17,200 applicants are expected to receive shares at the rate of 10 shares each.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
