IPO of Aviyan Laghubitta in SEBON's Pipeline

The IPO proposal of Aviyan Laghubitta Bittiya Sanstha is in SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 9.75 lakh shares. This will raise Rs. 9.75 crores for the company.

The application was submitted on Chaitra 30. Muktinath Capital Limited has been appointed the issue manager for the public offering.

Aviyan Laghubitta Bittiya Sanstha Limited was registered on 2075/12/24 under Company Act 2063 and got a “D” Class Financial Institution operating license from Nepal Rastra Bank on 2076/06/01 as per the Bank and Financial Institution Act 2073.

The central office of the Aviyan Laghubitta Bittiya Sanstha is located in Panauti Municipality Ward No.4 Kavre District. The major promotors of this institution are Mega Bank Nepal Ltd. and Kumari Bank Ltd. It is a national-level institution and aims to provide banking services to the rural deprived, low-income groups of people and contribute to uplifting their livelihood and to some extent eradicating the poverty of Nepal.