Nabil Investment Banking TO Issue units of "Nabil Balance Fund II ' In IPO from Bhadra 25

 

Nabil Investment Bank Limited is going to lunch its new mutual fund scheme named-'Nabil Balance fund III'.  The IPO issue will open from Bhadra 25, 2078 Bs and investors can submit the application for the purchase of unit until Bhadara 29,2078 Bs.

 

The company has already received approval from regulator body for the of collection funds from the general public by selling its units. Securities Board of Nepal (SEBON) has provided the approval on shrawan 29, 2078 BS.

The fund  manager Nabil Investment Banking plans to sell 10 crore units of the scheme at par value of Rs 10 per units. Hence,the total issue size amonts to Rs 1 Arba. The Scheme will be operate under " Nabil mutual fund'.

 

'Nabil Balance fund' is a closed ended mutual fund scheme. It will be listed and traded in Nepal  Stock Exchange (NEPSE).