Sparsha Laghubitta restructures its IPO issuance; SEBON adds 2.69 lakh unit shares in IPO pipeline

Sun, Jan 20, 2019 1:13 PM on IPO/FPO News, Latest, Stock Market,

SEBON has listed the restructured shares of Sparsha Laghubitta Bittiya Sanstha Limited in its IPO pipeline.The microfinance company will be issuing 2,69,630 unit shares at Rs 100 per share.

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

Previously the company was set to issue 2.40 lakh unit shares as IPO but has restructured the shares after direction from SEBON.

The paid-up capital will reach Rs 8.29 crore after the issuance of the public shares.

The microfinance company currently operates in 10 districts through its 15 branches.