Mount Makalu Distributing IPO Share Certificate

Kathmandu, June 18


Mount Makalu Development Bank Limited is distributing IPO share certificate to its shareholders from today (4th Ashad, 2071).

Mount Makalu Development Bank Refunding Money to non allotted IPO investors

Kathmandu, May 25

Mount Makalu Development Bank Limited is refunding money to the non-allottee investors from 30 May 2014( 16th Jestha, 2071).

IPO allotment of Mount Makalu Development Bank

Kathmandu, May 24

The allotment of Mount Makalu Development Bank’s Initial Public Offering (IPO) of Rs 60 lakh has been held on Saturday.
As per the allotment model, those who had applied for up to 630 units or Rs 6,300 have been placed under lottery, which means that all the retail investors have been placed under lottery.

The IPO floated from April 11 to April 16 had been oversubscribed by more than 60 times, according to the issue manager, Growmore Merchant Banking Limited.

There were a little more than 1,000 applicants from both the retail and institutional investors.

Mount Makalu Development Bank has published Awahan Patra for Issuing IPO

Kathmandu, April 3

Mount Makalu Development Bank Ltd. is issuing 60000 units of share at face value of Rs. 100 from today 11 to 16 April, 2014 (2070 Chaitra 28 to 2071 Baishak 3).