NIC ASIA Equity Opportunity Fund Allots Units Escalates Fund Size to 1 Billion NPR

8th October 2026, Kathmandu

NIC ASIA Capital Limited has completed the unit allotment for the NIC ASIA Equity Opportunity Fund. Due to oversubscription, the total fund size was increased from the initial target of 800 million NPR to 1 billion NPR.

Advertisement

NIC ASIA Equity Opportunity Fund 

Fund Issuance and Oversubscription Metrics

• Initial Fund Size and Units Offered: Originally issued for 800 million NPR comprising 80 million units at a face value of 10 NPR per unit
• Promoter Allocation: 15 percent or 12 million units reserved for the fund promoter NIC ASIA Bank
• Public Offering Share: 68 million units made available to the general public
• Public Demand: Early closure implemented after receiving oversubscribed demand within four business days, securing 87,444,200 unit applications from 41,189 applicants, representing a 1.29 times oversubscription rate
• Valid Applications: Following verification, 47 applications for 6,200 units were rejected, leaving 41,143 valid applicants requesting a total of 102,437,900 units valued at over 1.02 billion NPR

Allotment Results and Fund Expansion

• Regulatory Fund Escalation: Exercised the option permitting up to a 25 percent increase in fund size upon oversubscription, expanding the total scheme size from 800 million NPR to 1 billion NPR
• Allotment Ratio for Small to Large Bidders: Applicants requesting between 100 units and 3.0 million units received 100 percent of their requested units
• Allotment Ratio for High Unit Applicants: Applicants requesting between 4.0 million units and 5.0 million units were allotted a capped maximum of 3,890,525 units each
• Result Verification: Allotment status can be checked via the official website of NIC ASIA Capital and the website operated by CDS and Clearing Limited

For More: NIC ASIA Equity Opportunity Fund