Samudayik Laghubitta Bittiya Sanstha limited is to float initial public offering (IPO) of 300,000 unit shares worth Rs 30 million from Magh 9 to 12 2074.
Out of existing number of shares, the company has allocated 12,000 units of shares for its employees and 15,000 units for existing mutual funds. Remaining 273,000 units of share will be issue to the general public at the face value of Rs.100.
The interested investors can apply for a minimum of 50 units and maximum of 1,500 units of share.
Nepal SBI Merchant Banking is appointed as its issue manager.
Currently, Samudayik laghubitta has paid up capital of Rs 70 million. After the IPO capital will reach to Rs. 100 million. As promoter: general share capital ratio will be 70:30