Hulas Finserv Going to Issue IPO

Hulas Finserv Hire Purchase Limited, a top hire purchase company regulated by Nepal Rastra Bank, is set to offer 2,075,000 shares to the public through an Initial Public Offering (IPO). The IPO process is being managed by NMB Capital Limited.

Hulas Finserv is getting ready to release its ordinary shares, with NMB Capital handling the process as the issue manager.

The agreement for the IPO was signed by Hulas Finserv’s Chairman, Shekhar Golchha, and NMB Capital’s CEO, Deepesh Kumar Vaidya. Both leaders expressed excitement about the partnership and their dedication to making the IPO a success, highlighting the benefits it will bring to stakeholders.

ABOUT COMPANY

Hulas Finserv Hire Purchase Limited, established in 2012 and formerly known as Hulas Investment Pvt. Ltd., is the first non-banking financial company licensed by Nepal Rastra Bank. As a proud member of the Golchha Group, this company specializes in providing quick and convenient financing solutions. With a robust paid-up capital of 80 Crores, Hulas Finserv has successfully financed over 100,000 vehicles, making it the leading hire purchase company in Nepal.

The company offers a wide range of consumer financing services, including options for two-wheelers, three-wheelers, four-wheelers, reconditioned vehicles, mobile phones, laptops, consumer electronics, and furniture. With a strong presence nationwide, Hulas Finserv operates with a team of over 200 employees and partners with 600 merchants to simplify the purchasing process. The company offers competitive interest rates and flexible payment plans, helping individuals achieve their dreams sooner.

Founded on the belief in the power of dreams, Hulas Finserv was created to help people overcome financial barriers that prevent them from accessing essential goods and services. The company is committed to offering accessible and flexible financing options to customers from all backgrounds. With a focus on excellence, innovation, and customer satisfaction, Hulas Finserv aims to empower customers to achieve milestones they once thought were out of reach. The company is dedicated to building a brighter future where dreams are within reach for everyone, helping to bring those dreams closer, faster.

WEBSITE : HFL

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