NIC Asia Equity Linked Investment Scheme Allotment Complete! – Your Investment Insights
Hey investors and financial enthusiasts! Exciting news from the Nepali stock market! NIC Asia Bank and NIC Asia Capital have successfully completed the allotment of units for the highly anticipated NIC Asia Equity Linked Investment Scheme. If you’re a potential investor or someone looking to diversify your investment portfolio this is crucial information!
The subscription period for this investment scheme ran from Saun 29 to Bhadra 12, 2082. Now, the allotment process has been finalized, with the allotment date confirmed as Bhadra 16, 2082. This is a significant milestone for both NIC Asia Bank as the fund promoter, and NIC Asia Capital acting as the scheme manager.
So, what does this mean for investors? Well, a significant portion of the units are now allocated. Out of the total units offered, 15% (1.5 crore units) were retained by the scheme manager as seed capital. The remaining 8.5 crore units were distributed, with 5 crore units offered to the general public in the first phase. This equity linked scheme provides opportunities for stock market participation.
If you applied for the NIC Asia Equity Linked Investment Scheme, and submitted a proper application during the subscription period, you should have received your investment allocation. Details regarding the specific allotment can be accessed through the CDSC website or the NIC Asia Capital website. Check these resources to get details on your individual investment.
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