NIC Asia Capital Limited Allotted "NIC Asia Growth Fund-2" to The Applicants on 25th Mangsir
Tue, Dec 12, 2023 10:14 AM on Latest, Mutual Fund, Share Allotment,
The public issue of "NIC Asia Growth Fund 2" has been allotted to applicants on 25th Mangsir. The issue had opened on 4th Mangsir and closed on 18th Mangsir, 2080, at the end of banking hours.
"NIC Asia Growth Fund 2" is a closed-end fund, meaning it can be traded in NEPSE. The fund has a maturity period of 7 years. 15% i.e. 1.5 crore units worth Rs. 15 crores allocated to the fund sponsor NIC Asia Bank Limited. The remaining 8.5 crore units were issued to the general public.
NIC Asia Capital was the issue manager. The shares were allotted to the valid applicants.
The general public can view the allotment-related details from the website of NIC Asia Capital and the website operated by CDS & Clearing.
