Sparsha Laghubitta to issue 2.40 lakh unit shares as IPO; SEBON adds the shares in its pipeline for approval

Securities Board of Nepal (SEBON) has added 2,40,000 unit shares of Sparsha Laghubitta Bittiya Sanstha Limited in its IPO pipeline.

The public offering worth Rs 2.40 crore will go under preliminary review to receive approval from SEBON.

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

After the issuance of IPO, its paid-up capital will reach Rs 8 crore which currently stands at Rs 5.60 crore.

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