Swastik Laghubitta Bittiya Sanstha to Issue IPO
Swastik Laghubitta Bittiya Sanstha has submitted an application to issue IPO to general public. The microfinance company plans to issue 80,000 unit shares in its initial public offering to raise Rs. 80 lakh rupees. Swastik Laghubitta will issue IPO shares at Rs. 100 per share to the public.
Swastik Laghubitta Bittiya Sanstha has appointed Nabil Investment Banking as its issue manager for the issuance of its initial public offering. If approved by the Securities Board of Nepal (SEBON), Swastik Laghubitta will issue shares in two phase. Initially shares will be issued to Nepalese Working Abroad and at second phase to general public. It can be considered as one of the much awaited upcoming ipo in Nepal for investors
About Swastik Laghubitta
Swastik Laghubitta Bittiya Sanstha has been operating since 12 Chaitra 2075 in Nepal. It is a financial institution with its head office located at Lahan, Siraha district. Mr. Dhirendra Lal Karn is the Chief Executive Officer of the microfinance company that is providing financial service to people in Madhesh Province.
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