Kathmandu. Salapa Bikas Bank is going to issue its initial public offering (IPO) today.

Muktinath Capital, the issue manager, said that the issue will be issued at 9 am today. The IPO, which was opened to the public from January 3 to January 3, received 19.37 times applications.

A total of 23,83,407 applications were received for the IPO. They have applied for 2,78,84,470 units of shares. Out of the total offered shares, 143,170 applicants will be allotted 1,439,179 units of shares each.