NMB's further public issue

The capital market is experiencing a new phenomenon -further public issue -for the first time in its history of over one-and-a-half decade. NMB Bank Ltd has floated further public issue for the first time. It has floated 7,15,000-unit of shares for the public at Rs 285 per unit -adding Rs 185 premium to the face value of Rs 100. The 25th commercial bank has floated the further public issue since last Friday