Aarambha Microfinance Bittiya Sanstha Ltd. is issuing initial public offering (IPO) of 2,94,000 units from today, 15 Falgun 2074 to the general public. The IPO offer will close on 21 Falgun 2074.
Aarambha is going to sell IPO of 2,94,000 units at Rs.100 per unit to the general public.
Investor can apply minimum 50 units to maximum 1000 units of share.
It has allocated 3% or 8,820 units to its employee & 5% or 14,700 units are for existing mutual fund. The remaining 270,480 units of share will be floating for general public.
The company has appointed NICA Asia Capital as the issue manager for the IPO.
Interested applicant can apply from all the C-ASBA approved bank & financial institutions & their branches.
Its paid up capital will reach to 6 crore after IPO issuance. Currently, its paid up capital is 3.06 crore.
Aaramha Microfinance is located at Kavreplanchok District. Currently, it has providing services around 15 District.
