One more IPO added in SEBON’s pipeline; Swadeshi Laghubitta to float 3 lakh unit IPO shares

Swadeshi Laghubitta Bittiya Sanstha Limited has been added in the Securities Board of Nepal (SEBON)’s IPO pipeline. The microfinance company will be floating 3 lakh units IPO shares worth Rs 3 crore. NMB Capital Limited has been assigned as the issue manager for the IPO. Itahari based Swadeshi Laghubitta had initiated micro finances operations in December 24, 2014. It has plans to serve the underprivileged people throughout the country with stellar track record of increasing profitability, market share and product offerings in couple of years. It has five regional offices and is a national level microfinance institution.