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Wednesday, October 20, 2021
    Nepal Breaking NewsNepal Stock ExchangeManushi Laghubitta launches an initial public offering (IPO)

    Manushi Laghubitta launches an initial public offering (IPO)

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    Manushi Laghubitta Bittiya Santha Limited has raised Rs 39,375, through 393,750 IPOs (IPOs).

    5,469 (0.5%) of the total number of primary shares have been set aside for firm personnel, while 19,688 (5%) have been set up for the collective investment fund.

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    People in general can apply for the remaining 368,593 shares beginning August 11 and running through August 15. The corporation is issuing primary shares for 36% of its total capital.

    People can apply for as few as 10 shares and as much as 1, shares.

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    Nepal SBI Merchant Banking Limited is the issue manager.

    Ratings Nepal Ltd has assigned CARE-NP B to this company.

    The company’s paid-up is Rs 70,,000 million. With the issuance of primary shares, the company’s paid-up capital will rise to Rs 109,375,00.

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