Wean Nepal Laghubitta to Issue 51,292.5 Unit FPO Shares to General Public from Chaitra 21
Wed, Mar 26, 2025 9:27 AM on IPO/FPO News, Latest,
Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) has published an offer letter to issue its Further Public Offering (FPO) to the general public.
The company will issue 51,292.5 unit shares of Rs 100 face value from 21st Chaitra, 2081, and intends to collect Rs 51.29 lakhs from this FPO. The early closing date of this issue is 26th Chaitra, and if the issue still needs to be fully subscribed, it can be extended up to Baishakh 4, 2082.
Nepal SBI Merchant Banking 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.
CARE Ratings Nepal Limited (CRNL) has reaffirmed the issuer rating of CARE-NP B (Is) assigned to Wean Nepal Laghubitta Bittiya Sanstha (WNLB). Issuers with this rating are deemed to present a high risk of default in meeting financial obligations in Nepal on time.
