Global IME Capital Limited has initiated the launch of its closed-end mutual fund scheme “Global IME Samunnat Yojana -II” starting today, specifically on 22nd Ashadh, and it will conclude on 25th Ashadh, 2082. Should the subscription not reach full capacity by the closing date, the issue may be extended until Sharawn 4, 2082.
From a total of 12 crore unit shares, 1.5%, equivalent to 18 lakh units valued at Rs. 1.80 crore, have been designated to the scheme manager, Global IME Bank Limited, while 13.50%, or 16,200,000 units valued at Rs. 16.20 crores, are allocated to the fund sponsor, Global IME Capital Limited. The remaining 10,20,00,000 units, worth Rs 1.02 Arba, are available to the public and institutions.
“Global IME Samunnat Yojana -II” is categorized as a closed-ended fund. Applicants may apply for a minimum of 100 units up to a maximum of 12,000,000 units.
