By Karuna Thapa
Kathmandu, March 8
Nashdo Prosperous Microfinance’s initial public offering (IPO) will be distributed on Tuesday (today).
Nashdo Microfinance has received over 2.6 million applications. Of which just 77 thousand will obtain shares. The remaining 2.5 million people will be left with nothing.
Nashdo Prosperous Microfinance Institution shares are being distributed in a round-practice by Global IME Capital. Eight hundred and twenty-eight thousand seven hundred and fifty lots of initial public offerings (IPOs) having a face value of $182 million were made available for purchase. For the general public, just 774,563 lots were available.
