Nepal Infrastructure Bank Limited, National Level Infrastructure Development Bank licensed by Nepal Rastra Bank, Ward No. 10, Krishna Tower, New Baneshwor, Kathmandu, Nepal Information on public issue and sale of ordinary shares (Initial Public Offering -IPO).
The face value of Rs. 100 per share allotted to the general public of Nepal Infrastructure Bank Ltd.; 0.20% of the 8,00,00,000 lots i.e. 1,60,000 shares have been reserved for employees and 5% or 40,00,000 ordinary shares have been allotted to collective investment funds and the remaining 7,58,40,000 ordinary shares will be issued to the public from Friday, Magh 2, 2077.
Minimum to apply: 10 shares to apply
Maximum to Apply: 200,000,000 Shares to apply
Credit rating arrangements:
ICRA Nepal Limited has awarded this bank a "[ICRANP-IR] BBB" (pronounced as ICRA NP Issuer Rating Triple B) grading date on November 25, 2020. An institution with a credit rating is considered to be an institution that provides moderate security in order to fulfill its financial obligations on time.
As per the provisions of Rule 3 of the Credit Rating Rules, 2068; The credit rating agency ICRA Nepal Ltd., Dilli Bazaar, Kathmandu, which has obtained permission from the Nepal Securities Board, has obtained "ICRA NP IPO Grade 45" certificate by giving credit rating. ICRA Nepal Ltd. provides 1 to 5 point grading. In which grade 1 indicates a strong base and grade 5 indicates a weak base.
"ICRA NP IPO Grade 4" indicates Below Average Fundamental basis. The + (plus) sign used in grades 2, 3, and 4 indicates the relatively positive position of this group.
IPO Issuance Closing Date (Early): 2077-10-06 (After Banking Time)
IPO Issuance Closing Date (Late): 2077-10-16 (After Banking Time)
For detailed information on this eviction, please see the invitation letter published in the national daily "Aarthik Abhiyan" dated 2077 Poush 21.
IPO Date IPO
