Himalayan Bank Launches NPR 1.45 Billion FPO at NPR 157 per Share
Himalayan Bank opens its Further Public Offering (FPO) of 9.25 million shares priced at NPR 157 to increase public holding to 30%. Application deadline: July 19.
Himalayan Bank Ltd. has officially opened its Further Public Offering (FPO) from July 16, 2025 (Ashar 32, 2081) to comply with the Bank and Financial Institution Act 2073, which mandates a minimum 30% public shareholding.
Currently, only 27.01% of the bank's shares are publicly held. With this issuance, the bank aims to increase that stake by offering 9,250,000 shares priced at NPR 157 per unit, totaling NPR 1.4523 billion.
Following the issuance, Himalayan Bank’s paid-up capital will reach NPR 22.58 billion.
Investors can apply for a minimum of 10 units and up to the maximum allowed under regulatory limits. The earliest closing date is Shrawan 4 (July 19), and if undersubscribed, the application window will remain open until Shrawan 14 (July 29).
The FPO has been rated ‘CARE-NP BBB’ by CARE Ratings Nepal, indicating moderate credit risk. Citizens Capital Ltd. is the designated issue manager, and applications can be submitted through the Mero Share platform using the C-ASBA system.