Hulas Finserv Hire Purchase Ltd. signs IPO Agreement with NMB Capital

Hulas Finserv Hire Purchase Limited is 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, Hulas Finserv has announced its partnership with NMB Capital Limited, a leading merchant bank in Nepal, for the public issuance of 2,075,000 units shares.

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, said a press release issued by the company. The IPO agreement was signed by Shekhar Golchha, Chairman of Hulas Finserv, and Deepesh Kumar Vaidya, CEO of NMB Capital.

“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,” remarked Golchha, Chairman of Hulas Finserv Hire Purchase Ltd. “This partnership highlights our commitment to creating value for our stakeholders.”

“NMB Capital is honoured to be chosen as the Issue Manager for Hulas Finserv Hire Purchase’s IPO,” announced Vaidya, CEO of NMB Capital Ltd. “Our team is committed to leveraging our industry knowledge and strategic insights to ensure a smooth and successful public offering for Hulas Finserv.”