Sabaiko Laghubitta Bittiya Sanstha Limited to float initial public offering (IPO) for general public. Security board of Nepal has granted permission to issue IPO worth Rs.5.30 crore on 13 Ashad 2076.
The company will be issuing 530,000 units of shares at the rate of Rs. 100. IPO will be floated soon as it has got approval from board.
NIBL Ace Capital Limited has been appointed as issue manager.
Paid up capital will reach to Rs.16.50 crore after IPO issuance. 67.88% of capital is holding by promoters of the company.
ICRA Nepal Limited had assigned Grade 4 Initial Public Offering.
Its head office is located at Bandipur -01, Dumre, Tanahun.
