Shine Resunga Development Bank allots Rs 1bn debentures after 5.95 times oversubscription
KATHMANDU: Shine Resunga Development Bank (SRDB) announced the successful allotment of its '8% Shine Resunga Bikas Bank Debenture 2092' at NIMB Ace Capital in Lazimpat, Kathmandu, on Thursday.
SRDB issued one million debenture units at a face value of Rs 1,000 each, raising Rs 1 billion. Of the total, 40% (400,000 units) was allocated to the general public and 60% (600,000 units) reserved for private placement.
The public offer, which ran from July 16 to 20, 2025, was oversubscribed 5.95 times, underlining investor confidence in SRDB’s performance and reputation.
Public participation in debenture issues has grown significantly, signalling a positive shift in investor awareness and confidence in the capital market. The enthusiastic involvement of general investors in this issue has reinforced that trend.
Successful applicants will soon see their debenture units credited to their Demat accounts.
Meanwhile, SRDB extended its sincere gratitude to all applicants and investors for their trust and thanked NIMB Ace Capital, the issue manager, for its professional handling of the issuance and allotment process.
With this successful issue, SRDB aims to strengthen its capital base further and continue offering reliable and innovative financial services nationwide.
