Kathmandu. Reliable Capital Investment and Merchant Limited (RPI) has started issuing and selling shares from May 12 and is the last day to apply for a unit purchase of Reliable Samriddhi Scheme 2. <\/p>\n
Although the application for the purchase of units under the scheme has been made till May 25, the applications can be applied till the banking time today as the number of applications has exceeded the demand. <\/p>\n
The company is issuing 100 million units at a face value of Rs 10 per unit. The scheme, which is operated under the Reliable Mutual Fund, is a 10-year closed-ended scheme. <\/p>\n
Out of the total offered units, 14 percent i.e. 14 percent units have been allotted to Reliable Nepal Life Insurance, while 1 percent i.e. 1 million units have been allotted to the scheme manager and the remaining 85 million units have been allotted to the general public. A minimum of 100 to 1 crore units can be applied for the fund. <\/p>\n
Credit rating agency CARE Rating Nepal has assigned Care NP Single A Minus Issuer rating to the fund promoter and Care NP AMC Quality 4 Plus rating to the scheme manager. <\/p>\n
Reliable Investment and Merchant Capital Limited has been appointed as the issue manager for the IPO issuance. Interested bidders can apply for the units from all ASBA member banks and financial institutions approved by the Securities Board of India (SEBON) and their designated branches. In addition to this, the applicants can also apply through C-ASBA system using ‘Mero Share’ software developed by CDS and Clearing Limited. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Reliable Capital Investment and Merchant Limited (RPI) has started issuing and selling shares from May 12 and is the last day to apply for a unit purchase of Reliable Samriddhi Scheme 2. Although the application for the purchase of units under the scheme has been made till May 25, the applications can be applied […]<\/p>\n","protected":false},"author":9,"featured_media":58164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45137,45159],"tags":[],"class_list":["post-300206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-fund-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/300206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=300206"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/300206\/revisions"}],"predecessor-version":[{"id":300207,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/300206\/revisions\/300207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/58164"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=300206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=300206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=300206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}