Prime Commercial Bank Limited Allots 6.25 Percent Debenture Issue

14th July 2026, Kathmandu

Prime Commercial Bank Limited has officially published the final allocation and allotment results for its long-term debt instrument.

Prime Bank Allots Debenture Issue

The ten-year security framework, issued under the title 6.25% Prime Bank Debenture, carries a guaranteed annual fixed coupon yield of 6.25 percent per annum.

The financial structure of the complete capitalization plan involved the issuance of three million separate debenture units. With an established nominal face value fixed at one thousand rupees per unit, the total capital pool accumulated through this corporate debt issuance sums up to exactly three billion rupees.

Detailed Operational Layout of the Institutional Debt Offering

The investment opportunity was strategically divided into two distinct components to accommodate various types of capital market participants:

• Private Placement Allocation: The bank reserved the largest share of the capital pool, equivalent to 1.8 million debenture units valued at 1.8 billion rupees, to be distributed via direct private placement agreements with institutional funds and major corporate investors.
• Public Capital Allocation: The remaining portion, consisting of 1.2 million individual debenture units worth 1.2 billion rupees, was extended specifically to the general retail public.

Within the boundaries of the public distribution pool, regulatory guidelines required a secondary reservation for institutional investment frameworks. Five percent of the public pool, totaling sixty thousand units, was allocated to mutual funds. Following this statutory carve-out, the final residual balance of 1.14 million units was made available for purchase by individual retail investors.

Subscription Expansion and Official Allotment Timeline

The public subscription portal initially accepted capital requests from interested citizens over a brief timeline. However, the initial phase did not generate complete coverage for the entire available public volume. Because of the initial under-subscription, the bank exercised its legal right to stretch the bidding timeframe. The extension allowed alternative groups and companies to finalize their applications.

Following the close of the extended timeline, total incoming application values surpassed the available security limits, pushing the pool into over-subscription. The institutional team analyzed and processed the data blocks, leading to the official allotment of the debentures in compliance with the provisions outlined in the base prospectus.

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Online Verification Channels for Market Applicants

Individuals who submitted applications through the central depository networks can verify their specific allocation data using online platforms. The bank, in coordination with the central clearing house, has updated the data streams across multiple digital entry points:

CDSC IPO Result Portal: Applicants can input their unique sixteen-digit Beneficiary Owner Identification Number into the central depository web portal to check their personal allotment records.

MeroShare Platform: Active users can view their specific application history tab within the dashboard to track whether units were successfully assigned to their depository accounts.

Sanima Capital Limited: The official website of the issue manager maintains a public query lookup interface for this debenture issue.

Financial Reimbursement Workflows for Unallotted Balances

Prime Commercial Bank Limited has established automated refund guidelines to handle the capital of applicants who did not receive their requested units. The excessive application funds matching any unallotted debenture units are handled directly through banking technology networks.

The clearing system routes the funds directly back into the specific primary bank accounts linked to the initial applications. This decentralized disbursement relies on the C-ASBA member banks and licensed financial institutions, eliminating the need for manual physical checks.

The executive committee expressed appreciation to individual buyers, participating financial syndicates, capital market regulators, and all corporate stakeholders who assisted in executing the capital collection. Sanima Capital Limited functioned as the official Issue and Sales Manager, supervising the distribution process from the initial prospectus launch to final settlement.

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