Aarambha Microfinance IPO added in SEBON pipeline; to issue 2.94 lakh units IPO shares

Aarambha Microfinance Bittiya Sanstha Limited has been added in the Securities Board of Nepal (SEBON)’s IPO pipeline for approval. The microfinance company will be floating 2.94 lakh units IPO shares worth Rs 2.94 crore. NIC Asia Capital Limited has been assigned as the issue manager for the IPO. Sidhupalchowk  based Aarambha Microfinance had initiated micro finances operations in Chaitra 26, 2070. The main vision of the microfinance company is to create opportunity for deprived people by providing resources. It has 15 working districts till now. Aarambha has been providing micro financing services to deprived household residing in hilly regions of Nepal.