Clean Village Microfinance to issue IPO share, appoints NMB capital as Issue Manager

ShareSansar, January 6:

Clean Village Microfinance Limited sign a pact with NMB Capital Limited for issuing primary share to the general public. The company is planning to issue 1,20,000 units ordinary share to general public.

Clean Village Microfinance CEO Jitendra Sharma Lamsal and NMB Capital CEO Shreejesh Ghimire signs an agreement.

Microfinance has provided collateral free loan to more than 12 thousand people through its 22 branches and has mobilized Rs 27 crore in loan and advances.

The company has paid up capital of Rs 4 crore. Clean Energy Development Bank has 51 percent share in this company.