Deadline Extended for "10.5% Everest Bank Rinpatra 2085" Till Bhadra 01

Mon, Aug 8, 2022 9:46 AM on Latest, Bonds & Debentures,

Everest Bank Limited has extended the public issue of the "10.5% Everest Bank Rinpatra 2085." The issue had opened on 18th Shrawan. Earlier, the bank had notified that the issue would close on 22nd Shrawan (Sunday) but since the issue has not been subscribed fully the deadline has been extended till Bhadra 1.

20,00,000 units are being issued at a par value of Rs.1000 per unit. 12 lakh units i.e 60% of the total issue will be subscribed via private placement and the remaining 40% i.e 8 lakh units worth Rs. 80 crores is for the general public.

Laxmi Capital Market is appointed the issue manager. Investors can apply for a minimum of 25 units to a maximum of whole 8 lakh units.

 

Offer Letter

Extension Notice