Tag: 8020quot

  • Himalayan Capital and NEPSE Ink Agreement for Listing ‘Himalayan 80-20’ Fund

    Himalayan Capital and NEPSE Ink Agreement for Listing ‘Himalayan 80-20’ Fund


    Today, representatives from Himalayan Capital Limited and the Nepal Stock Exchange (NEPSE) finalized an agreement for the listing of “Himalayan 80-20.”

    Under the terms of the agreement, 10,00,00,000 units of “Himalayan 80-20” are set to be listed at a par value of Rs. 10 per unit. The subscription period for the issue was open to the general public from the 32nd of Shrawan to the 15th of Bhadra in the year 2080 and subsequently extended to institutions.

    Trading for the shares is anticipated to commence on Thursday. “Himalayan 80-20” is categorized as a closed-end fund and will be traded on the NEPSE platform. Notably, the fund comes with a maturity period of 10 years.

     

  • Himalayan Capital Allots ‘Himalayan 80-20’ Mutual Fund Scheme

    Himalayan Capital Allots ‘Himalayan 80-20’ Mutual Fund Scheme


    Himalayan Capital Limited, the issue manager for the “Himalayan 80-20” MF scheme’s IPO, has announced the completion of allotment for the 85 million units made available to the general public. Initially, Himalayan Capital had offered 10 million units valued at Rs 1 billion, priced at Rs 10 per unit. Out of this total, 15 percent (15 million units) were reserved for the promoter, Himalayan Bank, while the remaining 85 million units were open to the general public.

    The “Himalayan 80-20” plan allocates 80 percent of the capital to long-term investments with compounding returns in the capital and financial market. The remaining 20 percent is actively managed based on market dynamics to maximize returns. This investment strategy is supervised by experienced fund managers at Himalayan Capital Limited.

     

  • “Closing Today: Public Issue of 8.5 Crore Units ‘Himalayan 80-20’ Mutual Fund Scheme”

    “Closing Today: Public Issue of 8.5 Crore Units ‘Himalayan 80-20’ Mutual Fund Scheme”


     

    Himalayan Capital Limited is concluding the public offering of its mutual fund scheme called “Himalayan 80-20” today, which is Bhadra 15, 2080. Initially, the offering started on the 32nd day of Shrawan and was supposed to end on the 4th day of Bhadra, 2080. However, due to a lack of sufficient applications, the closing date was extended to today.

    Out of a total of 10 crore unit shares, 15% or 1.50 crore units worth Rs. 15 crores were allocated to the fund sponsor, Himalayan Bank Limited. The remaining 8.50 crore units were made available to the general public starting from the 32nd day of Shrawan.

    According to CDSC (Central Depository and Clearing Company), as of 10 a.m. this morning, there have been a total of 44,762 applicants who have applied for 80,813,100 units worth Rs. 80.81 Crore.

  • SEBON Approves Himalayan Capital’s “Himalaya 80-20” Mutual Fund Scheme with 10 Crore Units

    SEBON Approves Himalayan Capital’s “Himalaya 80-20” Mutual Fund Scheme with 10 Crore Units


     

    The Securities Board of Nepal (SEBON) has given its approval for the “Himalayan 80-20” mutual fund scheme, which is valued at Rs 1 Arba. This closed-end scheme will offer 10 crore unit shares with a par value of Rs 10 per share. The scheme is sponsored by Himalayan Bank Limited (HBL) and managed by Himalayan Capital Limited. It is noteworthy that this is the first mutual fund scheme to be operated by Himalayan Capital.