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IPO Result of Kasthamandap Bikas Bank

Published by on January 19, 2010

Kasthamandap Development Bank Ltd. is established under the Bank and Financial Institution Act,2063 in Kathmandu Municipality of Kathmandu district as a national level, ‘B’ class development bank. The bank is releasing IPO from 17th Nov 2009 till 20th Nov 2009. NIDC Capital Markets has been appointed as share registrar and issue manager for this IPO.

Out of 320 Million Rupees Issued capital, 70% will be promoters shares (i.e. 224 Million Rupees) and 30% (i.e. 96 Million Rupees) will be generated through this IPO. Out 960,000 units of shares, 39,400 units of shares have been reserved for the company staff. Each unit share of share has a face value of Rs. 100. Applicant’s can apply minimum for 50 units of share and maximum 4,80,000 units of shares.

Download IPO Result of Kasthamandap Bikas Bank

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