Salapa Bikas Bank to Open IPO from Poush 16

Kathmandu. Salapa Bikas Bank Limited has published its offer letter for the issuance of an Initial Public Offering (IPO) to the general public.

According to the offer letter, the bank will issue a total of 1,439,179 ordinary shares to the public. The IPO will be open for subscription from 16th Poush to 20th Poush, 2082.

Eligible applicants can apply for the IPO within the specified period as per the terms and conditions mentioned in the offer letter. Share allotment will be carried out after the subscription period ends, in accordance with prevailing regulations.

The bank stated that the IPO issuance aims to strengthen its capital base and support the expansion of its banking services.