Two microfinance company to float IPO soon; Sebon granted approval

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Initial public offering (IPO)

Sebon has granted approval to float IPOfor Ghodighoda Laghubitta & Adhikhola Laghubitta.

Ghodighoda Laghubitta Bittiya Sanstha to issue initial public offering (IPO) for general public. Security board of Nepal has granted approval to float IPO on 06 Ashad 2076.

The company will be issuing 132,600 units of share at the rate of Rs.100. IPO worth Rs.1.32 crore will be issued soon as it got permission.

Prabhu Capital Limited has been appointed as issue manager.

Paid up capital will reach to Rs.2.76 crore.

Its corporate office is located in Belauri, Kanchanpur.

Know how to apply for IPO share in Nepal.

Adhikhola Laghubitta Bittiya Sanstha also got approval from Security board of Nepal to issue IPO for general public. Permission is granted on 05 Ashad 2076.

The company will be issuing 400,000 units of shares at the par value of Rs.100.

NIBL Ace Capital Limited has been appointed as issue manager.

Currently, its paid up capital will reach to Rs.10 crore.

Its corporate office is located at Bhirkot -01 Bayarghari, Syangjha. It is 10 districts level Microfinance Company of Nepal.