Hulas Finserv Hire Purchase Appoints NMB Capital as Issue Manager for its Upcoming IPO

Mon, Sep 23, 2024 9:20 AM on Latest, IPO/FPO News, Corporate,

Hulas Finserv Hire Purchase Limited, a leading hire purchase company licensed by Nepal Rastra Bank, has partnered with NMB Capital Limited to issue 2,075,000 shares to the public through an Initial Public Offering (IPO).

Hulas Finserv is preparing for the IPO of its ordinary shares, with NMB Capital serving as the issue manager to facilitate the process.

The agreement was signed by Hulas Finserv’s Chairman, Shekhar Golchha, and NMB Capital’s CEO, Deepesh Kumar Vaidya.

Both parties expressed their enthusiasm for the partnership and their commitment to ensuring a successful IPO, emphasizing the value it will create for stakeholders.