Asha Laghubitta’s IPO in SEBON pipeline; Microfinance to issue IPO worth Rs 6 crore
Tue, Sep 4, 2018 7:05 AM on IPO/FPO News, Stock Market, Featured, Latest,
Securities Board of Nepal (SEBON) has added 6 lakh unit shares of Asha Laghubitta Bittya Sanstha in the pipeline for approval. The microfinance company will be issuing Initial Public Offering (IPO) worth Rs 6 crore for the general public.
Prabhu Capital Limited has been appointed as the issue manager for the IPO issuance.
The company had reported net profit of Rs 1.10 crore in the fourth quarter report.
Asha Laghubitta is a national level microfinance institution with its headquarter in Nuwakot district.
