Ganapati Microfinance to issue IPO shares from 09 Baishak 2076

Ganapati Microfinance Bittiya Sanstha

Ganapati Microfinance Bittiya Sanstha Limited to issue initial public offering (IPO) from 9 Baishak 2076 to general public. The issue will be closed 12 Baishak 2076.

The company will be issuing 335,000 units of shares at the rate of Rs.100.

It has allocated 5175 units for employees and 16,750 units for existing mutual funds. The remaining 3,13,075 units for general public.

Interested applicant can apply for minimum 10 units and maximum 1500 units from all C-ASBA approved Bank & financial institutions

NIBL Ace Capital Limited is appointed as issue manager for the issue.

Promoters are holder 67.63% or 7 crore till now. After IPO issuance, paid up capital will reach to Rs.10.35 crore.

Caring rating Nepal has assigned CARE-NP IPO garde 4 for current issue.

Nepal Agro Laghubitta will be issuing IPO from 08 Baishak 2076

Sanjen Jalvidhyut  and Rasuwagadhi  Hydropower also set to float IPO from 06 Baishak 2076