FPO Allotment of Himalayan Bank Concluded [FPO Result !!]
July 29, 2025 | Investopaper
FPO Allotment of Himalayan Bank Limited
Himalayan Bank Limited has concluded the FPO allotment process on Tuesday.
After the allotment, 9,25,046 applicants have received 10 shares each. Among these applicants, 9 have received an additional share.
A total of 17,04,273 valid applicants had subscribed for the shares. With the allotment, more than 7.8 lakh applicants were left empty-handed.
To view the FPO result of Himalayan Limited, click the link below:
FPO Result Of Himalayan Limited
FPO To General Public
Himalayan Bank Limited (HBL) had floated 92,50,469 at a premium price of Rs. 157 per share in the FPO. Hence, the public issue amounts to Rs. 1.45 Arba.
The public offering was open from Ashad 32, 2082 BS. Due to over-subscription of shares, the issue was closed on Shrawan 4, 2082 BS.
Interested investors could apply for a minimum of 10 shares and a maximum of full shares.
For this purpose, Securities Board Of Nepal (SEBON) had given the permission to the bank on Ashad 22, 2082 BS. The company had submitted the application to the board on Magh 28, 2081 BS after completing the necessary procedures. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
The 31st Annual General Meeting of Himalayan Bank passed a resolution to issue shares in FPO at a premium price.
The company had appointed Citizen Investment Trust (CIT) as the underwriter for the shares. An agreement has been reached between the bank and CIT on this regard. The agreement was signed by Ashok Shamsher, Chief Executive Officer of Himalayan Bank Limited and Parbat Kumar Karki, Executive Director of CIT.
Citizens Capital Limited is the issue and sales manager for the FPO.
What Is FPO?
FPO (Follow-On Public Offering) is the process of issuing shares to the public by the company already listed on the stock exchange. If the company issues shares to the public for the first time, it is IPO (Initial Public Offering). FPO is any additional issue of shares by the company after IPO.
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