BPW Laghubitta Appoints Issue Manager to Issue 97,000 Shares Via IPO

BPW Laghubitta Bittiya Sanstha Limited is preparing to issue an IPO for 97,000 unit shares. Mega Capital Markets Limited has been appointed the issue manager for the IPO issue.

During a program at Mega Capital Markets Limited, Tripureshwor, on Thursday, Magh 27, the company appointed Mega Capital as the issue manager. The Memorandum of Understanding was signed by Mr. Pramila Shakya, CEO of the microfinance company, and Sabir Bade Shrestha, CEO of Mega Capital Markets Limited.

Sabin Pradhanang, Director, BPW Laghubitta, and Shulabh Shrestha, Chief Investment Officer, Mega Capital Markets Ltd. were also present on the program.

BPW Laghubitta Bittiya Sanstha Limited has an authorized and issued capital of Rs. 3 crores. Paid-up capital worth Rs. 2.03 crores has been contributed by the promoters of the company. The remaining Rs. 97 lakhs will be collected from this IPO offering.