Aarambha Microfinance Bittiya Sanstha limited got approval to float IPO shares

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Aarambha Microfinance Bittiya Sanstha Ltd. is approved to issue initial public offering (IPO) of 2 lakh 94 thousand units to the general public. Security board of Nepal granted permission to issued 49% of issued capital as IPO.

Aarambha is going to sell IPO at Rs.100 per unit to the general public.

The company has appointed NICA Asia Capital as the issue manager for the IPO. It is ‘D’ classed licensed from Nepal Rastra Bank.

Aaramha Microfinance is located at Sindhupalchok District. Currently it is has providing services around 15 District.