NIBL Capital Markets Limited, a subsidiary of Nepal Investment Bank Limited, has signed an agreement with RSDC Laghubitta Bittiya Sanstha Limited for its IPO. Mr Damodar Joshi CEO of RSDC and General Manager of NIBL Capital Mr. Mekh Bahadur Thapa signed the agreement on Poush 17 2072.
A total of 400,000 units of shares at the rate of Rs 100 are to be issued during the IPO. 5% of the issue is to be allotted to the mutual funds which accounts to 20,000 shares.
NIBL capital markets Limited will be the issue manager.