Reliance Finance distributing 8 percent cash dividend

Kathmandu, Jan 1

Reliance Finance Ltd. is distributing 8 percent cash dividend from today 1 Jan, 2014 to its share holders

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IPO of Reliance Finance

Reliance Finance Ltd is issuing 600000 units of share at face value of Rs. 100 from 23 to 26 Sep , 2012 (2069 Ashwin 7 to 10) to the general public.

Its current capital is 140 million and after public issue it will have paid up capital of 200 million rupees.

Its net profit stands around 9.8 million rupees at the end of fiscal year 2068/69.

The issue manager for its IPO are Citizen Investment Trust and NCM Capital Market.