SEBON adds IPO issue of two microfinance companies under preliminary review; IPO worth total of Rs.7.93 Crore to be issued

Wed, Mar 18, 2020 1:08 PM on External Media, IPO/FPO News, Latest,
SEBON adds...

Securities Exchange Board of Nepal (SEBON) has added IPO issues of two microfinance companies under preliminary review in the last list of IPO in pipeline published.

Samaj Laghubitta Bittiya Sanstha Limited has proposed to issue 86,000 units of shares as IPO at par value of Rs.100 per share to raise capital worth Rs.86 Lakhs.

Siddhartha Capital Limited has been appointed as the issue manager.

Similarly, Sadhana Laghubitta Bittiya Sanstha Limited will be issuing 707,800 units of ordinary shares as IPO to the general public. The shares will be offered at par value of Rs.100 per share to raise capital worth Rs.7.07 Crore.

Global IME Capital Limited has been appointed as the issue manager for the same.