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Started 1 week ago · Updated 6 days ago

Laxmi Sunrise Capital Extends LS Horizon 12 Mutual Fund Subscription Deadline

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Laxmi Sunrise Capital Limited has extended the subscription period for its LS Horizon 12 Mutual Fund due to lower-than-expected application volumes. The deadline has been moved to Jestha 13, 2083, offering investors more time to participate. The fund aims to raise capital through the issuance of 12 crore unit certificates, each with a nominal face value of NPR 10.

  • The original closing date for the subscription was Jestha 4, 2083, but it has been revised to Jestha 13, 2083.
  • Laxmi Sunrise Capital stated that the issuance could be closed earlier if the total required application volume is achieved before the new deadline.
  • The LS Horizon 12 Mutual Fund is being rolled out under the administrative framework of the Laxmi Sunrise Mutual Fund.
  • The total issue volume aggregates to 12 crore individual unit certificates.

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