Infinity Laghubitta to issue 6 lakh unit shares as IPO; Appoints Civil Capital Market as the issue manager

Sun, Jul 22, 2018 10:11 AM on IPO/FPO News, Stock Market, Featured,

Infinity Laghubitta Bittiya Sanstha Limited has appointed Civil Capital Market the issue manager. Civil Capital Market has been appointed as the issue manager to manage the issuance of 6 lakh unit shares as Initial Public Offering.

The agreement was signed by the CEO of Infinity Laghubitta, Mr Prabin Kumar Lama and CEO of Civil Capital Market Limited, Mr Suman Acharya.

Currently, the paid-up capital of the company stands at Rs 14 crore which will reach Rs 20 crore after the issuance of the IPO. After the issue concludes, the promoters will hold 70% of the shares while the ordinary shareholders will hold 30% of the total capital.