Nepal Sewa Laghubitta to float IPO from 12 Baishak; apply minimum 50 units

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initial public offering

Nepal Sewa Laghubitta to float IPO from 12 Baishak 2075. The microfinance company is going to issue 180,000 units of share worth Rs.1.80 crore.  IPO offer will be closed on 16 Baishak 2075.

The IPO is going to sell at the face value of Rs 100 to general public.

Investor can apply minimum 50 units to maximum 900 units of shares.

The Nepal sewa laghbuitta has allocated 2% or 3600 units for employees & 5% or 9000 units for existing mutual funds. Remaining 167,400 units of shares are for general public.

NMB Capital is appointed as the issue manager for the IPO.

Interested applicant can apply from all 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 4.20 crore.

It is located in Sindhupalchok Districts. Currently it has been providing services in 3 districts with 8 branches.