Aatmanirbhar Laghubitta Issuing IPO from 11th Falgun
Aatmanirbhar Laghubitta Bittiya Sanstha Limited has issued an offer letter to issue IPO Shares to the General Pubic from 11th falgun, 2079. The microfinance company is offering 2,03,380 unit shares at face value Rs 100 in initial public offering.
Out of 2,03,380 unit IPO Shares, the company is offering 20,338 unit shares to Nepalese in foreign employment, 3,117 unit shares to its employees, 10,170 unit shares to mutual fund and remaining 1,69,755 unit shares to the general public. Investors can apply for minimum of 10 unit to maximum of 1000 unit IPO shares.
Aatmanirbhar Laghubitta will have 6,23,380 unit shares listed in NEPSE after issuing the IPO and promoter-public share ratio will be 67.375: 32.625.
About the Company
Aatmanirbhar Laghubitta Bittiya Sanstha was incorporated on 2018 as class “D” microfinance in Lumbini province of Nepal. As of now the microfinance company has a total of 21 branches spread across Dang, Banke and Bardiya district.
Gramin Mahila Utthan Kendra is the promoter organization of Aatmanirbhar Laghubitta Bittiya Sanstha. The institution has been working to improve the lives of rural poor people and contributing to alleviating poverty in the country by empowering them with microfinance services.
The company provides micro loans on group guarantee without collateral or with collateral to promote micro-entrepreneurship and to the needy households of poor or middle-class families at their doorsteps.
Financial Highlights of Aatmanirbhar Laghubitta
Key Financial Ratios of Aatmanirbhar Laghubitta till fiscal year 2077/78
| Fiscal Year | Earning Per Share (EPS) | Net Worth Per Share | Reserve |
|---|---|---|---|
| 2075/76 | Rs 19.28 | Rs 189.71 | Rs 6,315,000 |
| 2076/77 | Rs 29.56 | Rs 222.80 | Rs 15,998,000 |
| 2077/78 | Rs 148.79 | Rs 371.82 | Rs 64,743,000 |
Key Financial Ratios of Aatmanirbhar Laghubitta for FY 2078/79
| Earning Per Share (EPS) | Rs 185.43 |
| Net Worth Per Share | Rs 556.59 |
| Reserve | 1,25,490,000 |
Credit Rating of Aatmanirbhar Laghubitta
CARE Ratings Nepal Ltd. has assigned a rating of “CARE-NP B+ (Is)” ” [Single B Plus (Issuer)]” to Aatmanirbhar Laghubitta Bittiya Sanstha. This means that the company has high risk of default regarding the timely servicing of financial obligations.
Last Day to apply for the IPO of Aatmanirbhar Laghubitta is 1th falgun, 2079. Only 16,975 applicants will be allotted with the shares of the microfinance company and five lucky applicants will get one unit extra.
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