First Business News Portal in English from Nepal
KATHMANDU: Mahila Laghubitta Bittiya Sanstha Limited is issuing 4,00,000 units worth Rs 40 million IPO to the general public from today.
The early closing date of this issue is on February 17 and if the issue is not fully subscribed till February 17, then it can be extended up to Bebruary 26.
Out of the offered 4,00,000 units; 0.5% of the total issue capital, 5,000 units, have been set aside for the employees of the company and 5% of the total offered shares to the general public, 20,000 units, have been set aside for the mutual funds. The remaining 3,75,000 units are for the general public.
Nepal SBI Merchant Banking Limited has been appointed as the issue manager for the IPO issuance.
Applications can be placed for a minimum of 10 units and a maximum of 1,000 units.
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