Ganapati Microfinance to issue IPO for public – got approval from board

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Ganapati Microfinance Bittiya Sanstha

Ganapati Microfinance Bittiya Sanstha  Limited to issue initial public offering (IPO) to general public. Security board of Nepal (SEBON) has granted permission to issue IPO worth Rs. 3.35 crore on 07 Chaitra 2075.

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

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.