Friday, June 14, 2013

IPO Allotment of Jhimruk and Sindhu Bikas Bank

Kathmandu, June 13, 2013

Jhimruk Bikas Bank Limited and Sindhu Bikas Bank Limited, both 'B' category development banks, have announced the allotment of shares on Wednesday.

Sindhu Bikas Bank had launched its IPO of 4,90,000 units of ordinary shares on 2013 April 23; and, Jhimruk Bikas Bank had floated 1,60,000 units of ordinary shares on 2013, May 10 for the general public and institutional investors.

Both companies had appointed Growmore Merchant Banker Limited as the issue manager of their shares.


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