Upakar Laghubitta IPO: open from today for general public

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Initial public offering (IPO)

Upakar Laghubitta is issuing IPO (initial public offering) from today; 25 Chaitra 2078. The issue will be closed on 29 Chaitra 2079.

Upakar Laghubitta is floating 2,26,250 units of share at the rate of Rs. 100 for public. Out of which company reserve 0.5 % or 3281 units for employees, 5% or 11,813 units for existing mutual funds and remaining 2,21,156 units for general public.

Interested can apply for minimum 10 units through MeroShare and Asba approved Banks & financial institutions.

The issue will be managed by Nepal SBI Merchant Banking Limited.

After IPO issue paid up capital will be reached to Rs.5.56 crore. Currently, its paid up capital stands at Rs.4.20 crore.