Ram Hari Dahal, CEO of Mero Microfinance: IPO within third week of Mangsir

Mero Microfinance Bittiya Sanstha Limited is a national level microfinance company promoted by 8 commercial banks and 2 development banks. It is planning to issue 6,12,000 Kitta primary shares (IPO) to the general public .

Ram Hari Dahal, CEO of Mero Microfinance said, “IPO of Mero Microfinance will be floated within third week of Mangsir.”

The process to issue IPO of Mero Microfnance is on review in SEBON. Global IME Capital Limited has been assigned as the issue manager for the IPO.

ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below-average fundamentals to the proposed IPO amounting to NPR 61.20 million of Mero Microfinance Bittiya Sanstha Limited.