Himalayan Bank Limited FPO

Himalayan Bank Limited (HBL) is issuing further public issue (FPO) from today (June 32). According to the Banks and Financial Institutions Act, 2073, at least 30 percent of the total issued capital must be issued to the public.The bank currently has a total paid-up capital of Rs 21.65615 billion.

Of these, 72.99 percent are held by the founding group and 27.01 percent are held by the general public. The bank, which has now reached 30 percent of the shareholding of the general public, has added Rs 57 per share worth Rs 1.452323 billion to the list price of Rs 100,000 for a total of Rs 157,2 is about to be expelled.