NMB Capital will serve as the sale manager for Hulas Finserv's IPO.

The IPO procedure for Hulas Finserv Hire Purchase has begun. For that operation, NMB Capital has been designated by the firm as the securities issuance and sales manager.

Through a primary public offering, the corporation will distribute 20 lakh 75 thousand common shares to the broader public. For the purpose of handling the issuance of the aforementioned common shares, the business has designated NMB Capital as the securities issuance and sales manager.

Chief Executive Officer Dipesh Kumar Vaidya and Chairman Shekhar Golcha signed the agreement on behalf of NMB Capital during the program on Sunday.

The company's chairman, Golchha, stated that the IPO will be issued as soon as feasible following compliance with all regulatory organizations' protocols and specifications.

The company has Nepal Rastra Bank's approval as a non-banking financial company. Since 2012, the business has offered clients hire purchase services.