IPO alert from new microfinance company! NESDO Sambridha Laghubitta appoints Global IME Capital as issue manager for its upcoming IPO process

Thu, May 20, 2021 5:44 AM on Latest, IPO/FPO News, Stock Market,

NESDO Sambridha Laghubitta Bittiya Sanstha Limited has appointed Global IME Capital as issue manager to float its 8.28 lakh ordinary shares to the general public, its employees, and different mutual funds.

The agreement was signed between the Executive chair of the microfinance Mr. Biswo Prakash Prasai and the CEO of the capital Mr. Paras Mani Dhakal.

The microfinance company has an issued capital of Rs 25.50 crore, has its presence via 56 branches serving more than 78K rural households, as per the media statement.