NIMB Ace Capital Limited launched its latest closed-end mutual fund scheme, named the “NIBL Stable Fund,” valued at Rs 1 Arba. The subscription period began on the 2nd of Magh and ended on the 16th of Magh, 2080. The allotment program took place at NIMB Ace Capital’s premises in Lazimpat on the 24th of Magh at 9 AM.
Originally planning for 10 crore units at Rs 10 per unit, the fund saw significant oversubscription, prompting a resizing to 113% of its initial size. As a result, the total units issued for the “NIBL Stable Fund” reached 11.3 crore units.
Highlights:
- NIMB Ace Capital Extends ‘NIBL Stable Fund’ Deadline Due to Low Initial Applications
- Last Chance: NIBL Stable Fund Mutual Fund Public Issue Closing Today
- Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.
- Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.
- Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public