Rastriya Khadya Bank Limited is planning to issue 30 lakh IPO shares to the public. This could be a good opportunity for investors who want to get in early.
Global IME Capital Limited has been appointed as the bank’s sales manager. They will manage the entire process of the IPO from start to finish. The bank is offering a large number of shares, which could allow regular investors to own a part of one of Nepal’s growing financial institutions.
The exact dates for subscription and allotment have not been announced yet. Investors should watch for official notifications if they want to apply for the shares.
About Rastriya Khadya Bank Limited
Rastriya Khadya Bank, established with Rs 2 billion in 2077, is Nepal’s first private food bank. Its motto is “Sustainable agriculture for nutritious food,” focusing on organic production and supporting local farmers.
The bank is preparing to issue an IPO for the public. People can also buy promoter shares at the central office in New Baneshwor, with investments ranging from Rs 1 lakh to Rs 3 crore. Currently, there are 790 promoter members, with plans to increase to 1,000.
