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NIFRA IPO Issue | NIFRA IPO From Magh 2nd | Upcoming IPO in Nepal

NIFRA IPO Issue From 15th January 2020 Nepal Infrastructure Bank Limited is going to issue the Initial Public Offering (IPO) from 15th January 2020. Meanwhile, the company is issuing 80 million shares which is the biggest amount of IPO shares issuing in Nepali Shares Market history. NIFRA is the first infrastructure bank of Nepal whose main aim is to invest in the infrastructure sector of Nepal. The corporate office of NIFRA located at Krishna Tower, Naya Baneshwor Kathmandu Nepal. This company has issued 40% of the Issued Capital (20 Arba). This company has also allocated 1 lakh 60 thousand shares to the employees of the company and 40 lakh unit shares to mutual fund. General Public will apply for 7 crore 58 lakh and 40 thousand shares units. Application Date of IPO Issue Opening Date: 15th January 2020 Early Closing Date:18th January 2020 Late Closing Date : 29th January 2020 Share Holder Ratio of NIFRA The total issued capital is 20 Arba. The promoters of the NIFRA has 60%   s...

Nepal Infrastructure Bank (NIFRA) IPO Issue | Upcoming IPO in nepal

Nepal Infrastructure Bank (NIFRA) IPO There is good news for all the IPO share investors who are very depressed by not allocating the recent Issued IPO. So chill out people here is one great news for all investors. The biggest number of IPO of the bank is knocking on your door. Nepal Infrastructure Bank Limited (NIFRA) is going to issue the Initial Public Offering in Near Future. This bank is planning to issue 8 Crore Units shares worth Ruppess 8 arba which will be the biggest IPO ever issue in Nepal share market history. According to the notice regarding the second Annual General Meeting of the bank, there is the special proposal of issuing 8 crore units IPO with the face value of 100 per share. The company has already decided to issue IPO in the first annual general meeting. Among 8 crore units share 0.2% of the total shares allocated to the employee of offices. About Nepal Infrastructure Bank Limited Nepal Infrastructure Bank Limited (NIFRA) is established as a National Level Infra...