ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below-average fundamentals to the proposed Initial Public Offering (IPO) of Janasewi Laghubitta Bittiya Sanstha Limited (JLB)
ICRA Nepal assigns an IPO grading on a scale of IPO Grade 1 to IPO Grade 5 where Grade 1 indicating strong fundamentals and Grade 5 indicating poor fundamentals.
The company will be issuing 463,300 units of share the par value of Rs.100 for general public.
