IPO Analysis of Womi Microfinance Bittiya Sanstha Ltd. (IPO issuing from tomorrow)

Mon, Jul 6, 2015 12:00 AM on IPO/FPO News,

Company Profile

Womi Microfinance BittiyaSanstha Ltd. was established in 2068/02/26 under the Company Act, 2063 and has been carrying out its activities as per Nepal Rastra Bank Act 2058 and Bank and Financial Institution Act, 2063. It began its operations from 2068/11/25 as a class D financial institution. Ithas its corporate headquarter in Naubise-6,Khanikholaof Dhadingdistrict.

Areas of Operation

Womi Microfinance BittiyaSanstha Ltd. is allowed by the NRB to operate in 10 districts. These districts are:Kaski, Lamjung, Tanahun, Syanja, Palpa, Nawalparasi, Chitwan, Makwanpur, Kavrepalanchowk and Dhading. Currently the company has only a single operational branch which is located in Dhading district.

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