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Wednesday, June 25, 2008

Subhechha's IPO starting from today

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Subhechha Bikash Bank Ltd. is presenting an initial public offering for the general public. Total 120000 shares amounting to Rs. 12 million is being issued at the rate of Rs. 100 per share. The company is issuing the IPO from 25th June, 2008 to 30th June, 2008 (2065 Ashad 11 to 2065 Ashad 16). The issue will be managed by ACE development bank ltd. Subhechha commenced its operation from 26th september 2004 and is located in Narayangadh, Chitwan. The bank has authorized capital of Rs. 200 million and issue capital of Rs. 40 million.

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