Sajha Bikas Bank is issuing its initial public offering (IPO) of 490,000 shares at par value of Rs 100 per share. The public can apply for 455,700 shares as 9,800 shares have been allotted to employees and 24,500 to mutual funds.

The issue will open on 20 Jestha and close on 24 Jestha at the earliest.

Sajha Bikas Bank has appointed NIBL Capital Markets Ltd. as the issue and sales manager.