Janasewi and Swabhimaan Laghubitta IPO closes from today; both issue already oversubscribed

Tue, May 14, 2019 5:00 AM on IPO/FPO News, Latest, Stock Market,
Janasewi a...

Janasewi Laghubitta Bittiya Sanstha Limited is closing the issue of 4,63,300 units ordinary shares worth Rs 4.63 crore to the general public from today (Baisakh 31, 2076). This IPO issue was opened since Baisakh 27.

Out of the offered 4,63,300 units; 7,145 units have been kept for the employees of the company and 23,165 units have been kept for the mutual funds. The remaining 4,32,990 units are for the general public.

Applications can be place for minimum 10 units and maximum 1000 units. Application can be placed from the financial institutions providing C-ASBA facility or through Meroshare.

NMB Capital Capital Limited has been appointed as the issue manager for the IPO issuance.

The microfinance institution currently has issued capital of Rs 14.43 crore and paid up value of Rs 9.8 crore. After the issuance of the IPO shares, the paid up value  will scale up to Rs 14.43 crore.

Also see,

IPO of Janasewi Laghubitta opens from tomorrow; Look at all the facts and make an informed decision

Janasewi IPO Offer Letter

Similarly, Swabhimaan Laghubitta Bittiya Sanstha Limited is also closing the issue of 1,98,610 units ordinary shares worth Rs 1.98 crore to the general public from today (Baisakh 31, 2076). This issue was opened since Baisakh 27.

Out of the offered 1,98,610 units; 3,093 units (0.5% of issued capital) have been kept for the employees of the company and 9,930 units (5% of total units allocated for general public) have been kept for the mutual funds. The remaining 1,85,587 units are for the general public.

Applications can be place for minimum 10 units and maximum 5000 units. Application can be placed from the financial institutions providing C-ASBA facility or through Meroshare.

Siddhartha Capital Limited has been appointed as the issue manager for the IPO issuance.

After the IPO is issued, the paid up capital of the Rupandehi based microfinance company will be Rs.6.18 Crore.

Also see,

IPO of Swabhimaan Laghubitta Bittiya Santha is open from today; Detailed information of the company with future projection

Swabhimaan IPO Offer Letter