Adhikhola Laghubitta to issue IPO from 22 Ashad 2076; apply for minimum 10 units

0
488
Initial public offering (IPO)

Adhikhola Laghubitta Bittiya Sanstha to issue IPO from today, 22 Ashad 2076 for general public. The issue will be remains open till 25 Ashad 2076. It had got approval from Security board of Nepal to issue IPO for general public on 05 Ashad 2076.

The company is issuing 400,000 units of shares at the par value of Rs.100. Out of total issue, company has reserved 5,000 units for employees, 20,000 units of existing mutual funds and remaining 375,000 units for general public.

NIBL Ace Capital Limited has been appointed as issue manager for IPO.

Interested applicants can apply for minimum 10 units & maximum 2000 units through C-ASBA approved Banks & financial institutions.

Currently, its paid up capital will reach to Rs.10 crore.

Ghodighoda Laghubitta is floating IPO from 20 Ashad 2076.

Its corporate office is located at Bhirkot -01 Bayarghari, Syangjha. It is 10 districts level Microfinance Company of Nepal.