Rise in the price of Nifra! How much is enough now
The share price of Nifra, which has not performed well for a long time, has risen today.Today, the bank’s share price has risen by Rs 23, or 6.59 percent, to Rs 372.
The share price of Nifra, which started trading at 355.90 today, had reached a low of 355 and a high of 375.The bank’s issued capital will be 40 percent of Rs 20 billion from January 2 to January 6 last year
80 million ordinary shares worth Rs. 8 billion were issued.Of that, 0.20 percent or 160,000 shares are for employeesAnd the remaining 4 million shares will be set aside for the collective investment fund, which will be 5 percent
The public was evicted for 75.84 million lots.The Nepal Infrastructure Bank had distributed up to 50 lots of primary shares to the public as per the demand.
All the applicants will be allotted up to 50 lots and the remaining 49.20 million 720 lots will be distributed through 50 rounds.A further 10 lots have been distributed to 4,92,072 people who applied for more than the lot.At present, the paid up capital of the bank is Rs. 20 billion.