Tag: completes

  • 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.

     

  • Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

    Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra


    Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu.

    Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079).
    108,811 units have already been released and assigned to Nepalese individuals working abroad, 5% of the total offered shares, or 71,916 units, have been set aside for mutual funds, and 19,420 units have been put up for firm personnel. The remaining 13,46,993 units will be available to the general public.