Swarojgar Laghubitta Opening 1,95,773 Units FPO Shares Issue to General Public From Today

Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has commenced the issuance of its 1,95,773 FPO shares at a face value of Rs. 100, starting today, i.e., 18th Falgun, 2081. The early closing date for this offering is set for the 21st Falgun, 2081. However, if it remains under-subscribed, the deadline may be extended until the 3rd Chaitra, 2081.

Through this FPO, the company is offering 1,95,773 shares at a par value of Rs. 100 each, aiming to raise Rs. 1.95 Crores. NMB Capital Limited has been appointed as the issue manager for the FPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 1,000 units.

ICRA Nepal has assigned Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) an issuer rating of [ICRANP-IR] BB- and placed it on Watch with Negative Implications. This rating indicates a moderate risk of default in meeting financial obligations. The BB- rating suggests SLBBL's relative position within its category, but it does not apply to any specific debt instrument.

Offer Letter: