Sanima Growth Fund is opened to the public today. The closed-end mutual fund scheme will close on 20th Kartik, 2079. If it will not be subscribed by the early closing date, the deadline can be extended till Kartik 30, 2079.
Sanima Growth Fund
Sanima Growth Fund volume is 12 crore units with Rs. 10 per unit. Out of which, a total of 13% or 1.56 crore units worth Rs. 15.6 crores have been allocated to the fund promoter Sanima Bank Limited, A total of 2% of the total units or 24 lakh units have been allocated to the fund manager Sanima Capital Limited. And, the remaining 10.20 crore units will be opened to the general public.
The fund has a maturity period of 11 years. Applicants can apply for a minimum of 100 units to a maximum of 1.20 crore units for this IPO.
|How to apply from Mero Share
|How to Apply from Nepali Share App
Sanima Growth Fund Share Price
Sanima Growth Fund’s Share Price is Rs. 10 per unit now. When it will be listed in the Secondary Market, the share price will be determined by the market. Currently, Sanima Capital is managing the Sanima Equity Fund (SAEF) and Sanima Large Cap Fund (SLCF) in the market.
Sanima Bank Limited
Sanima Bank Limited, promoted by prominent and dynamic Non-Resident Nepalese (NRNs) Businessmen, commenced its operation in 2004 as a National Level Development Bank. Since February 2012, Sanima has been functioning as an “A” Class Commercial Bank with its registered office at ‘Alakapuri’, Naxal, Kathmandu.
Sanima Bank is committed to provide one window financial solutions to the different customer segments and to achieve healthy growth in profitability consistent with the bank’s risk appetite. The Bank has been dedicated to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. As a result, Sanima is perceived as a Strong and Reliable player in the banking industry. Sanima has been committed to meet customer expectations in all areas of its business through continuous improvement for overall benefit of the economy.
Sanima Bank offers a wide range of banking products and financial services to corporate and retail customers through 101 full-fledged branches and 28 extension counters from all 7 provinces.