Rastra Utthan Laghubitta appoints Prabhu Capital as share underwriter for its upcoming IPO; to float 8.50 lakh units ordinary shares to public soon
Mon, Jul 5, 2021 5:04 AM on Latest, IPO/FPO News,
Rastra Utthan Laghubitta has appointed Prabhu Capital as share underwriter for its upcoming IPO of 8.50 lakhs ordinary shares.
The agreement regarding the same was signed between ED of the microfinance Mr. Sudhir Prasad Lohani and MD of the merchant banker Mr. Dinesh Thakali amid a program.
The national level microfinance currently has 85 branches whose paid-up value will increase to Rs 26 crore after floating the shares in IPO, as per the media statement.
