Hulas Finserv Hire Purchase Limited Partners with NMB Capital for IPO Agreement

Kathmandu:  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 is pleased to announce its partnership with NMB Capital Limited, a leading merchant bank in Nepal, for the public issuance of 2,075,000 unit shares. The company is preparing to launch its Initial Public Offering (IPO) of ordinary shares soon and has engaged NMB Capital as its issue manager to facilitate this process. The IPO agreement was signed by Mr. Shekhar Golchha, Chairman of Hulas Finserv, and Mr. Deepesh Kumar Vaidya, CEO of NMB Capital.

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."

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