Manushi laghubitta IPO date, releasing today

Manushi laghubitta IPO date

Manushi Laghubitta Bittiya Sanstha Limited will launch an initial public offering (IPO) on August 11, 2021. Manushi laghubitta IPO date

(27th Shrawan 2078). Manushi Laghubitta is set to launch an initial public offering (IPO) of Rs 39.37 million.

Manushi Laghubitta has set aside 0.5 percent, or 5,469 shares, of the total 3,93,750 shares to be distributed to employees and 5%, or 19,688 shares, to be distributed to mutual investment funds.

The remaining 368,593 units of shares will be open to the general public to apply for. Manushi Laghubitta is preparing to issue 36% of its entire issued capital.

Applications for the IPO can be submitted starting on August 15th (31st Shrawan) and ending on August 25th (9th Bhadra). Investors will be able to apply for anything between 10 and 1,000 units.

Nepal SBI Merchant Banking Limited is the IPO issuance and sales manager. C-ASWA Member Banks and Financial Institutions, as well as the MeroShare website and app, are accepting applications.

ASSESSMENT OF CARE In the credit rating for the IPO issue, NEPAL has awarded Manushi Laghubitta a Care NP B+ Issuer rating. This means there’s a good chance you won’t be able to satisfy your financial responsibilities on time.

Manushi Laghubitta currently has a paid-up capital of Rs 70 million. The paid-up capital of MFI will reach Rs. 109.37 million following the IPO allotment.