Manaslu Bikas Bank proposed 10.05% Bonus share & 0.5% cash dividend

Manaslu Bikas Bank Ltd has propose 10.05 percent Bonus share and 0.5% cash dividend (for tax purpose) to its shareholders from the net profit it posted in the last fiscal year 2071/72.

Manaslu Bikas Bank to issue 25% rights shares

Manaslu Bikas Bank Limited has decided to issue 25 percent rights shares to its shareholders to soar up its paid-up capital soon.

The third Annual General Meeting of the development bank held in Gorkha on Friday took the decision to this effect so as to raise its capital from the existing Rs 15 crore to Rs 30 crore.

The AGM also elected Prof Dr Chandra Bahadur Thapa and Dr Krishna Prasad Devkota to the Board of Directors of the development bank.

With this the total number of BoD members has risen to six.-SSN

Manaslu Bikas Bank IPO closing Today, have collected Rs.4 crore in 3 days

Manaslu Bikas Bank Limited is closing its ongoing IPO from tomorrow (30th Shrawan 2070). The bank has floated 360,000 unit shares at Rs 100 face value to the general public on 27th Shrawan, 2070. As per the issue manager Growmore Merchant Banker Ltd., approx Rs.4 crore money has been collected till today and the amount will increased more on the last issuing date i.e. today.

IPO public share issue of Manaslu Bikas Bank from today

Opening Day of 3,60,000 units IPO share of Manaslu Bikas BankLimited.
 Issue Price: Rs 100
 Allocated for Employees: 7200 units
 Allocated for General Public: 3,52,800 units

Minimum no of Kitta to be invested: 50 units
Maximum no of Kitta to be invested: 50,000 units

Opening Date: 27th Shrawan, 2070

Closing Date: 30th Shrawan, 2070
 Closing Date (Maximum): 9th Bhadra, 2070
 Issue Manager:  - Growmore Merchant Banker Limited, Durbar Marg, Kathmandu, 4222987

Manaslu Bikas Bank MBBL's IPO shares for public

Manaslu Bikas Bank Limited, a three district development bank, has launched its IPO from today. The bank has floated 360,000 unit shares priced at Rs 100 per share.

Manaslu has set aside 7,200 unit shares for its employees, leaving 352,800 units for general public. Investors will have to file applications for a minimum of 50 units, while the limit for maximum shares has been set at 50,000 units.