Swarojgar Laghubitta to Issue 1,95,773 Unit FPO Shares to General Public from Falgun 18

Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has published an offer letter to issue its Further Public Offering (FPO) to the general public.

The company will issue 1,95,773 unit shares of Rs 100 face value from 18th Falgun, 2081. The company intends to collect Rs 1.95 Crores from this FPO. The early closing date of this issue is on 21st Falgun and if the issue still needs to be fully subscribed, it can be extended up to Chaitra 3, 2081.

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: