Aviyan Laghubitta appoints Muktinath Capital as issue manager for its upcoming IPO; to float 9.75 lakh unit ordinary shares to general public

Aviyan Laghubitta has appointed Muktinath Capital as the issue manager for the issuance of its 9.75 lakh unit shares to the general public.

The agreement was signed between the Acting CEO of the microfinance Mr. Roshan Kumar Adhikari and the CEO of the merchant banker Mr. Kabindra Dhoj Joshi amid a program on Magh 13, 2078.

After the issuance of the ordinary shares, the paid-up capital of the company will touch the Rs 25 crore mark, as per the media statement.

The national level microfinance currently has 60 branches serving more than 24 thousand customers and has so far earned Rs 1.37 crore in net profit by Poush end, 2078, as per the media statement.