More than 8 Lakh units of Sparsha Laghubitta made tradeable; paid up capital after IPO issuance stands at Rs.8.29 Crore

  • -ShareSansar
Sun, May 5, 2019 12:28 PM on Latest, NEPSE News, Share Listed,
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Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of shares of Sparsha Laghubitta Sanstha Limited which were issued via IPO.

As per the notice published, 829,630 Units IPO Shares of Sparsha Laghubitta Sanstha Ltd. has been listed on the stock exchange market and can be freely traded.

The paid-up capital will reach Rs 8.29 Crore after the issuance of the public shares. After the IPO issue; public holding will be 32.5% and promoters holding will be 62.5%. The reserves of the company have increased to Rs 62.53 lakhs up from negative Rs 55 lakhs in the corresponding quarter of the previous year. The company had earns Rs 60.39 lakh till Q3 whereas the company was in loss of Rs 56.14 lakh till Q3 of corresponding year.