Siddhartha Capital Issuing Units of ‘Siddhartha Equity Fund 2’ from Today [IPO]
May 4, 2026 | Investopaper
Siddhartha Capital Limited has launched a new mutual fund scheme named “Siddhartha Equity Fund 2”. The fund manager is planning to issue 10 crores units at a par value of Rs. 10. Hence, the total issue amounts to Rs. 100 crores. The public offering is open from Baisakh 21, 2082 BS. If fully subscribed, the issue will close on Baisakh 24, 2082 BS.
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Out of the total public issue, 15 percent or 1.5 crore units of the fund will be purchased by Siddhartha Bank Limited, the promoter of the mutual fund.
Hence, the general public can subscribe for the remaining 8.5 crores units.
Interested investors can apply for a minimum of 100 units and a maximum of 1 crore units.
The close-ended scheme “Siddhartha Equity Fund 2” will operate under “Siddhartha Mutual Fund”.
After the allotment of the scheme, it will be listed and traded on the Nepal stock exchange.
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