Sunday, July 14, 2013

Rural Microfinance Development Corporation (RMDC) has collected Rs 20 crore till Friday

Rural Microfinance Development Corporation (RMDC) has collected Rs 20 crore by the 2nd day of its IPO issue on Friday.
The company has floated 1,560,000 units shares beginning Asar 13.
RMDC has issued 1,528,800 equity shares of face value NRs 100 each with a premium of NRs 80 per share for the general public and 31,200 equity shares of NRs 100 each for its employees, which is 2% of the overall issue.

Likewise, the company has set aside 78,000 general shares, from the issued equity shares to general public, for mutual funds, with 26,000 units each allotted to Siddartha Growth Scheme-1, Nabil Balance Fund-1 and Citizen Investment Trust Scheme.

Ace Capital Limited is the issue manager for this IPO.

No comments:

Post a Comment