CDS & Clearing Limited (CDSC) has provided an update on the public IPO collection of Hathway Investment Nepal Limited as of 10 am on Bhadra 24.
Hathway Investment Nepal Limited had initiated the issuance of 24,27,750 unit IPO shares, each with a face value of NPR 50, to the general public starting from Bhadra 21, 2080. The closing date for this IPO is scheduled for Bhadra 25, with the possibility of an extension up to Ashwin 4, 2080, if the issue remains undersubscribed.
Hathway Investment Nepal Limited has a total issued capital of Rs. 1.17 Arba, out of which 12.50%, equivalent to 29,25,000 unit shares, is allocated for the public, including Nepalese citizens working abroad. Among these shares, 10% (292,500 units) are earmarked for Nepalese citizens working abroad, 2% (58,500 units) for the company’s employees, and 5% (146,250 units) for mutual funds. The remaining 24,27,750 units are reserved for the general public.
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In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.
Right share of upper tamakoshi ??
