KATHMANDU: The Nepal Infrastructure Bank (NIFRA) Ltd is set to put up its shares for transaction this week.
The NIFRA has said it has submitted all its required documents for the registration proces with Nepal Stock Exchange (Nepase) and added that the process of indexing the shares has reached the final stage.
The agreement with the NIFRA will be reached following the perusal of the documents, said Nepse.
The NIFRA had issued 80 million units of shares worth Rs 8 billion on January 15-19. This is the biggest IPO ever issued in the Nepali Securities market.
Of the total IPO, 0.20 percent or 160,000 units of share have been allocated for company staffers, 5 percent or 4 million units of shares for collective mutual fund while 75.840 million units of shares have been allotted for general public.
With the issuance of IPO worth Rs 8 billion, its paid-up capital has reached 20 billion.
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