‘Kumari Equity Fund’ To Close The IPO Issue On Falgun 25

March 9, 2021 | Investopaper

Kumari Capital Limited has launched ‘Kumari Equity Fund’. The company is currently selling 8 crore units of the scheme to the public from Falgun 14, 2077 BS. The par value of each unit is Rs 10. Hence, the total size of the scheme is Rs 80 crores.

Due to the over-subscription of the units of scheme, the issue will close today i.e. Falgun 25, 2077 BS. Interested Investors can still submit the application until the close of banking hours.

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Kumari Equity Scheme is a closed end mutual fund scheme with a maturity period of 10 years. It is promoted by Kumari Bank Limited. Being a promoter bank, Kumari Bank will receive 15 percent or 1.2 crore unit of the schemes. Likewise, the general public can apply for the remaining 6.8 crore units.

One can apply for a minimum of 1,000 units and a maximum of 80 lakh units. Application can be place through ‘Meroshare‘ or by submitting form in any BFIs providing ASBA service.

Kumari Capital Limited is the issue manager for the public offering.

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6 thoughts on “‘Kumari Equity Fund’ To Close The IPO Issue On Falgun 25

  • February 25, 2021 at 7:54 am

    Good information

    • April 8, 2021 at 7:28 am

      Why it is not shown in portfolio or what is the procedure to see it in portfolio ?
      Please let us know it

  • March 15, 2021 at 12:32 pm

    When applicants of kumari equity expect allotments ? I guess no new application shall be received after falgun 25 ?

  • April 6, 2021 at 4:48 am

    Where Kumari equity fund will be listed and where we can see.

    • April 16, 2021 at 4:46 pm

      Is there any one to provide information about this Equity Fund, as I have been nominated in this Fund list,, how we can have the update??

  • April 17, 2021 at 11:30 am

    Why it is not showing in protofilo? How to check protofilo?


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