Public Issue of "8.50% Machhapuchchhre Debenture 2087" Closing Today

Machhapuchchhre Bank Limited has issued the "8.50% Machhapuchchhre Debenture 2087" from 31st Ashar. Since the issue was not subscribed by the early closing date, the deadline was extended till Shrawan 17. However, the issue manager has decided to close the issue today itself, i.e. on Shrawan 14.

30,00,000 units are issued at a par value of Rs.1000 per unit. 18 lakh units of the total issue will be subscribed via private placement while the remaining 12 lakh units are open for the public issue, 5% of which is also allocated for mutual funds.

Investors can apply for a minimum of 25 units to a maximum of 5,00,000 units. As the name suggests, "8.50% Machhapuchchhre Debenture 2087" has a maturity period of 10 years and will yield 8.5% annual returns to unitholders.

Offer Letter

Issue closing notice