More microfinance to float IPO! Unique Nepal Laghubitta appoints Muktinath Capital as issue manager to float 2.70 lakh unit ordinary shares

Mon, Sep 14, 2020 7:06 AM on Latest, IPO/FPO News,

Unique Nepal Laghubitta has appointed Muktinath Capital as the issue manager for the issuance of 2.70 lakh unit shares worth Rs 2.70 crore.

The agreement was signed between the ED of the microfinance Mr. Gopal Dahit and CEO of the merchant banker Mr. Kabindra Dhoj Joshi amid a program.

After the IPO process, the microfinance will have a paid-up capital of Rs 9 crore with 38 branches serving around 83K rural households.