Kathmandu. Siddhartha Equity Fund 2, a subsidiary of Siddhartha Mutual Fund, will open its units from May 4.
Siddhartha Capital Limited is the fund promoter and Siddhartha Capital Limited is the scheme manager for issuing a total of 100 million units at a face value of Rs 10. Out of the total number of units, Rs 1.50 crore has been reserved for Siddhartha Bank. The remaining 8.5 crore units can be applied for by the general public.
Applications can be place for minimum 100 units and maximum 100 units. The interested investors can apply for the shares from the Securities Board of Nepal (SEBON) licensed banks and financial institutions participating in the C-ASBA service and from CDSC’s Mero shares.
The scheme will be issued on May 9 at the earliest and on May 18 after the banking hours. It’s a 12-year closed-door plan.
