Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Himalayan Bank Limited has completed the allotment of its much-anticipated Further Public Offering (FPO), with 925,046 applicants each receiving 10 units of shares after a lottery-based distribution held on Tuesday by the issue manager Citizens Capital Limited.
The bank had issued a total of 9,250,469 FPO shares at a face value of NPR 100 and a premium of NPR 57, pricing each share at NPR 157. The offering was open for subscription from Ashar 31 to Shrawan 4 (July 15–19, 2025).
According to the issue manager, the FPO received overwhelming demand, attracting 1,825,922 applicants who collectively applied for over 38.5 million units, nearly four times the issued volume. As a result, more than half of the applicants did not receive any shares due to oversubscription and lottery-based allotment.
Shareholders Can Check Allotment Status Online Investors who applied for the FPO can check their allotment results via the Meroshare platform and the official website of CDS & Clearing Ltd.
The FPO was issued to meet the regulatory requirement of increasing the bank’s public shareholding to 30 percent, reducing the promoter group’s stake, which currently stands at 72.99 percent.
Capital Expansion in Focus Himalayan Bank’s paid-up capital now stands at NPR 21.65 billion, and the FPO issuance is expected to strengthen its public ownership base and improve capital adequacy. The move aligns with the bank’s broader objective to meet regulatory norms under Nepal Rastra Bank’s directives and enhance share liquidity in the market.
With investor interest remaining high, the allotment has generated positive sentiment in the secondary market, and the newly allotted shares are expected to be listed on the Nepal Stock Exchange (NEPSE) in the coming weeks.
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