IPO of Kasthamandap Development Bank‏

Kasthamandup Development Bank Limited (KDBL) has announced its IPO for 960,000 units of ordinary shares @ Rs. 100 each. The Issue opens on 17-11-2009 and closes on 20-11-2009. After the issue of IPO, the paid up capital of the company will reach to Rs. 32 crores, while the company has plans to make it 64 crores by the end of 2066/67 and to make it 128 crores by 2068 as per the information provided in the announcement. The issue is managed by NIDC capital markets limited.