ILFCO microfinance IPO from today; 3,80,000 kittas set aside for public
Tue, Mar 31, 2015 12:00 AM on IPO/FPO News,
ShareSansar March 31:
ILFCO Microfinance Bittiya Sanstha Limited has opened its Initial Public Offering of 400,000 unit shares from today (Chait 17)
The offer will close on Chait 20. The maximum closing date for the offer is Baisakh 2, 2072. Civil Capital Market Limited has been appointed the issue manager for the IPO.
Investors are required to invest in a minimum of 20 units and they can apply for a maximum of 1,000 units.
The company has set aside 20,000 kittas for mutual fund and 3,80,000 kittas--which includes 8,000 shares that had been earmarked for its employees--for the general public.
The microfinance company plans to raise Rs 40 million through the offer. After the IPO, the paid up capital of the company, which had posted a net profit of Rs 27,15,000 for the fiscal year 2070/2071, will reach Rs 10 crore from the current Rs 6 crore.
After the IPO, the promoter-public ratio in the company will be 60% to 40%. The net worth per share stands at Rs 106.10.
ICRA Nepal has assigned “[ICRANP] IPO Grade 4,” to the IPO, indicating below-average fundamentals. ICRA Nepal assigns IPO grading on a scale of IPO Grade 1 through IPO Grade 5, with Grade 1 indicating strong fundamentals and Grade 5 indicating poor fundamentals.
Collection Centers:
|
c |
Collection Centeres |
Address |
Contact Person |
Phone number |
|
1 |
Civil Capital Market Limited |
Kamaladi, Kathmandu |
Ramshwor Neupane |
01-4168654 |
|
2 |
ILFCO Microfinance Bittiya Sanstha Limited |
Chuchhepati, Kathmandu |
Anit Jung Pandey |
01-4471438 |
|
3 |
International Leasing and Finance Company Limited |
Baneshwor Head Office |
Hemraj Malla |
01-4782010 |
|
4 |
International Leasing and Finance Company Limited |
Branch Office, Itahari |
Hari Ojah |
025-45587186 |
|
5 |
International Leasing and Finance Company Limited |
Branch Office, Chabahil |
Radha Krishna Pant |
01-4499300 |
|
6 |
International Leasing and Finance Company Limited |
Branch Office Ghorahi, Dang |
Hetraj Poudel |
082-563153 |
|
7 |
International Leasing and Finance Company Limited |
Branch Office, Kumaripati, Lalitpur |
Rajju Bajracharya |
01-5008621 |
|
8 |
International Leasing and Finance Company Limited |
Branch Office Butuwal, Rupandehi |
Arun Pandey |
071-542613 |
|
9 |
International Leasing and Finance Company Limited |
Branch Office Kalimati, Kathmandu |
Pawina Manandhar |
01-428906 |
|
10 |
International Leasing and Finance Company Limited |
Branch Office Narayanghat, Chitwan |
Budhinath Adhikary |
056-570392 |
|
11 |
International Leasing and Finance Company Limited |
Branch Office SuryaBinayak, Bhaktapur |
Jinu Palikhe |
01-6619545 |
|
12 |
Bagmati Development Bank Limited |
Branch Office Harion, Sarlahi |
Baikuntha Dahal |
046-530508 |
|
13 |
Janata Bank Limited |
Branch Office, Dhangadhi |
Madan Joshi |
091-416451 |
