Hulas Finserv Hire Purchase Limited, a leading hire purchase company licensed by Nepal Rastra Bank, has teamed up with NMB Capital Limited to issue 2,075,000 ordinary shares to the public through an Initial Public Offering (IPO).
The IPO process will be managed by NMB Capital Limited, which has been appointed as the official issue manager for the offering. The partnership agreement was signed by Hulas Finserv’s Chairman, Shekhar Golchha, and NMB Capital’s CEO, Deepesh Kumar Vaidya.
Both parties expressed optimism about the collaboration, highlighting their shared commitment to ensuring a smooth and successful IPO that will generate value for all stakeholders.