SEBON approves IPO issuance of two microfinance companies; more than 5 Lakh units of shares to be available to general public soon

Securities Exchange Board of Nepal (SEBON) has provided final approval to the proposed IPO issue of Adhikhola Laghubitta Bittiya Sanstha and Ghodighoda Laghubitta Bittiya Sanstha.

Adhikhola Laghubitta Bittiya Sanstha will be soon issuing 400,000 units of shares to the general public at par value to raise capital worth Rs.4 Crore.

NIBL Ace Capital has been appointed as the issue manager for the IPO issuance of the microfinance company.

Similarly, Ghodighoda Laghubitta Bittiya Sanstha will be soon issuing 132,600 units of shares to the general public at par value to raise capital worth Rs.1.32 Crore.

Prabhu Capital has been appointed as the issue manager for the IPO issuance of the microfinance company.