Nepal Seva Laghubitta's IPO approved by SEBON today; ready your cash to invest

Tue, Apr 3, 2018 3:37 PM on Featured, IPO/FPO News, Latest, Stock Market,

Securities Board of Nepal (SEBON) has approved 1.80 lakh units public issue of Nepal Seva Laghubitta today.

Nepal Seva Laghubitta currently has a paid up capital of Rs 4.20 crores. The capital will rise to Rs 6 crores after the public issue. The microfinance had earned net profit of Rs 13.99 thousand as of 2nd quarter of this fiscal year. It has a reserve of Rs 11.08 lakhs. The promoter public ratio will stand at 70:30 after the public issue. 

NMB Capital has already been appointed as the issue manager for the issue.