Today Stunning to all IPO Investors who are invested their IPO in NIC Asia Flexi Cap Fund. It is a closed-end Mutual fund scheme. NIC Asia Capital started the “NIC Asia Flexi cap fund” and Issued the IPO Share allotment worth 1 Arba on 19th Jestha with a maturity of 7 years. this Scheme was set to close on the 24th Jestha 2079 due to Full Subscription. This fund issues 1 Arba which is 10 crore units and the per-unit cost is Rs 10. Out of the total issues, 15% of total units is 1.50 crore units or 15 crores worth is allocated to fund sponsor NIC Asia Bank limited and to the fund manager NIC Asia Capital Limited. The remaining 8.50 crores are allocated to the general public.
NIC Asia Flexi cap fund IPO Result 2079 Date www.iporesult.cdsc.com.np
Out of all the Fund units, the General public can apply only 8.5% of units that are 8,50,00,000. Every individual can apply for a minimum of 100 units to a maximum of 1,00,00,000 units.SEBON(Securities Board Of Nepal) has approved this fund distribution on Baisakh 29,2079 BS to the public. This scheme was to be closed on the 24th Jestha, 2079 but the deadline was extended to 2 Ashadh 2079 as the subscribed applications were not sufficient. Because of the more applicants who came forward for the purchase fund units, this scheme was closed on 25th Jestha, 2079
About Nic Asia Flexi Capital Fund Limited
At first, NIC Asia Started this fund with 10 crore units, but due to increased applications, the fund grew up to 102% making the total 10.2 crore units. the Majority of the fund raised are subjected to be Invested in Companies listed on the secondary Securities market. also, more than 136 percent of returns will be given to unit holders who invested in the fund.
NIC Asia Flexi Cap Fund IPO (NICFCF) Analysis
According to the fund, within 7 years of the scheme operation, the fund manager would provide more than 136% return as stated before media
Here is a list of applicants and fund units
General applicants 8,65,48,270 95,997
Void applications(faults) 9,950 69
Total valid applicants 95,929
So a total of 95,929 is considered valid issuers of the fund and allotted to the general public on 31st Jestha,2079. Most of the funds raised are subjected to be invested in companies listed on the secondary securities market.
NIC Asia Flexi Cap Fund IPO Share Allotment List 2022 Overview
Name of the Organization
Flexi Cap Find NIC Asia
Name Of the IPO
NIC Asia Flexi Cap Fund 2022-2079
IPO Issue Manager
NIC Asia Bank Limited
Date of Close IPO
24h Jestha 2079 but extended Asadh 2079
Nic Asia Flexi Cap Fund IPO Result 2022
Rs.10 to Rs.100
Total IPO Shares
Direct Links to Check NIC Asia Flexi Cap Fund IPO Result 2079-2022
Check NIC Asia Flexi Cap Fund IPO Results 2022: Check Here
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