Hulas Finserv appointed NMB Capital as its Issue Manager

KATHMANDU:Hulas Finserv Hire Purchase Limited, a top hire-purchase company, has appointed NMB Capital Limited as its Issue Manager, a leading merchant bank in Nepal, for the public issuance of 2,075,000 units of shares.

The IPO agreement was signed by Mr. Shekhar Golchha, Chairman of Hulas Finserv, and Mr. Deepesh Kumar Vaidya, CEO of NMB Capital.

The company is preparing to launch its Initial Public Offerings (IPO) of ordinary shares soon and has engaged NMB Capital as its issue manager to facilitate this process.

Mr. Shekhar Golchha, Chairman of Hulas Finserv Hire Purchase Limited, expressed, "We are thrilled to announce that Hulas Finserv is gearing up for the IPO of its ordinary shares and we are pleased to partner with NMB Capital as our trusted Issue Manager. Their expertise and insights will be invaluable as we embark on this exciting journey towards our IPO. This partnership highlights our commitment to creating value for our stakeholders."

Mr. Deepesh Kumar Vaidya, CEO of NMB Capital Limited, stated, “NMB Capital is honored to be chosen as the Issue Manager for Hulas Finserv Hire Purchase’s IPO,” "Our team is dedicated to utilizing our strategic insights and industry knowledge to guarantee a seamless and prosperous public offering for Hulas Finserv."

Hulas Finserv Hire Purchase Limited is the one of the top hire purchase companies that has been licensed by Nepal Rastra Bank. Dedicated to bridging the gap between dreams and reality through accessible and flexible hire purchase solutions.