NIFRA shares coming into transaction from Sunday « Khabarhub
Wednesday, July 24th, 2024

NIFRA shares coming into transaction from Sunday

12 February 2021  

Time taken to read : 2 Minute

  • A
  • A
  • A

KATHMANDU: Chief Executive Officer (CEO) of Nepal Stock Exchange (Nepase) and  NIFRA CEO Ram Krishna Khatiwada have signed an agreement letter following the perusal of the documents.

The NIFRA had submitted all its required documents for the registration proces with the Nepse.

With the agreement, the NIFRA shares will come into transaction for secondary market from coming Sunday.

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. NIFRA has appointed Global IME Capital as its share registrar.


Publish Date : 12 February 2021 07:05 AM

Govt reclaims Bansbari land previously occupied by Chandbag Residency

KATHMANDU: The land previously seized by Chandbag Residency Pvt Ltd,

RSP calls for air safety

KATHMANDU: The Rastriya Swatantra Party (RSP) has expressed grief over

Teaching Hospital premises in mourning: Relatives in tears

KATHMANDU: The Tribhuvan University Teaching Hospital (TUTH) in Maharajgunj is

Diplomatic efforts underway to repatriate Nepalis serving in Russian Army: Foreign Minister Rana

KATHMANDU: Foreign Minister Dr. Arzu Rana has revealed ongoing diplomatic

NEPSE drops by 27.32 points following 6-day surge

KATHMANDU: The Nepal Stock Exchange (NEPSE) Index concluded today’s (Wednesday)