Womi Microfinance floats IPO worth Rs 1.47 million from today;Maximum investment limit Rs 1 lakh

Tue, Jul 7, 2015 12:00 AM on IPO/FPO News,

ShareSansar June 7:

Dhading based Womi Microfinance Bittiya Sanstha Limited is floating its Initial Public Offering (IPO) of 1,47,000 unit shares from today (Ashad 22).

Investors are allowed to invest minimum of 10 units of share and they can apply for up to 1,000 unit of share.

The offer will close on Ashad 25. The maximum closing date for the offer is Shrawan 5, 2072.

The microfinance has set aside 4,410 unit shares for its employees and 7,350 unit shares for the existing 6 mutual fund companies on  pro rata basis. The mutual fund schemes are Nabil Balance fund-1, NMB Sulav Investment Fund – 1, NIBL Sambriddhi Fund – 1, Laxmi Value Fund -1, Siddhartha Equity Oriented Scheme, and Siddhartha Investment Growth Scheme- 1.

The issue manager for the IPO is NMB Capital Limited.

The microfinance company plans to raise Rs 1.47 crore through the offer. After the IPO, the paid up will reach Rs 3 crore from the current Rs 1.53 crore.

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After the IPO, the promoter-public ratio in the company will be 51% to 49%.

It earned a net profit of Rs 62.03 lakh in its 2nd quarter of the fiscal year 2071/72. Its net worth per share stands at Rs 116.12 and Earning per share at Rs 26.77.

Collection Centers:

S.NO

Collection centers

Phone number

Contact person

1.

Womi Microfinance Bittiya Sanstha Limited, Khani Khola-6, Dhading and available in other branches benighat- Dhading, Jyotinagar and Birendranagar of Chitwan, Hatiya and Nawalpur of Makwanpur, Rajhar and Tilkpur of Nawalparasi, Tharpu of Tanahu, Tahu of Palpa, Lamachaur of Kaski, Sakhar of Syangja, Tarku of Lamjung, Nala of Kavre

010-401133

Hari Prashad Sikdel

2.

NMB Capital Limited, Babarmahal, Kathmandu.

01-4253096

Prahlad Shrestha

3.

NMB Bank Branch office: Putalisadak, Kantipath, Thamel, Kathmandu, Kumaripati, Lubhu and Thaiba, Lalitpur, Suryavinayak-Bhaktapur, Tindobato-Banepa, Rangeli road- Biratnagar, Adarhanagar-Birgunj, Milanchowk-Butwal,Buspark road-Dhangadi, Mahendrapath-Dharan, Surkhetroad- Nepalgunj, Chipledhunga-Pokhara, Birtamod- Jhapa, Bhanuchowk-Janakpur, Kirne-Dolakha, Dhunche-Rasuwa Mainroad-Lahan and Narayangad-Chitwan

01-4246160

Alok Shrestha