Sabaiko Laghubitta Bittiya Sanstha Limited to float initial public offering (IPO) from todya, 01 Shrawan 2076 for general public. The issue will be remains open till 05 Shrawan 2076. 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. Out of total issue, company has reserved 0.5% or 8,250 units for employees, 5% or 26,500 units for mutual funds and remaining 4,95,250 units of shares for general public.
How to apply for IPO Shares ?
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.
