SEBON adds restructured 4.63 lakh unit shares of Janasewi Laghubitta in its IPO pipeline; Restructured 1.98 lakh units of Swabhimaan Laghubitta also added in IPO pipeline

Securities Board of Nepal (SEBON) has added the Initial Public Offering (IPO) of Janasewi Laghubitta Bittiya Sanstha Limited.

The microfinance company is looking to issue 4,63,300 unit shares at par value of Rs 100. Previously, the company was looking to issue 4,20,000 unit shares as IPO. But SEBON had asked the company to restructure the public holding as per BAFIA 2073.

NMB Capital has been appointed as the issue manager for the IPO issuance.

The central office of the company is located in western region of Nepal, Kusma , Parbat and working area is 10 District: Parbat, Rukum, Kaski, Baglung, Rolpa, Gulmi, Tanahun, Gorkha, Lamjung and Magdi.

Similarly, SEBON has also amended the units of IPO of Swabhimaan Microfinance Bittiya Sanstha Limited.

The company had previously applied in the board seeking permission to issue 1.80 lakh unit shares, however, SEBON had asked the company to restructure the public issue quantity as per BAFIA 2073.

So, the microfinance company has been seeking to issue 1,98,610 units as IPO.

Siddhartha Capital has been appointed as the issue manager for the IPO issue.