Samudayik Laghubitta Bittiya Sanstha limited is to float initial public offering (IPO) of 300,000 unit shares worth Rs 3 crore from 02 Mangsir 2075. The offer remains open till 05 Mangsir 2075.
Out of existing number of shares, the company has allocated 4% or 12,000 units of shares for its employees and 5% 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.
Interested applicant can apply from all the C-ASBA approved Bank & financial institutions.
Currently, Samudayik laghubitta has paid up capital of Rs 7 crore. After the IPO capital will reach to Rs.10 crore. As promoter: general share capital ratio will be 70:30 after IPO issuance.
