IPO issue date of Manakamana Smart Laghubitta has been fixed

Manakamana Smart Laghubitta IPO Issue Date

Manakamana Smart Microfinance Financial Institution Limited is going to open IPO issuance and sale from July 30, 2021 (Ashadh 17 2078) Microfinance is about to issue an IPO worth Rs 38.9 million, which is 32.11 percent of the issued capital of Rs 121.15 million.

IPO Result of Jeevan Bikash Laghubitta Click Here

Manakamana Smart Laghubitta IPO Issue Units

Microfinance is about to issue 389,000 unit ordinary shares with a face value of Rs 100 per share. Out of this, microfinance has allocated 6,058 unit shares, i.e. 0.5 percent of the issued capital, for the employees and 5 percent of the total issue, i.e. 19,450 shares for the collective investment fund. The general public will be able to apply for the remaining 363,492 units.

How much we can apply?

Interested investors can apply for a minimum of 10 lots and a maximum of 1,000 lots. The eviction will be closed on July 7,2021 at the earliest, and on July 13,2021 at the latest. There will be a maximum of the applicant so it is good to apply only 10 Units,

जीवन बिकाश लघुवित्तको असार ११ गते IPO निष्काशनको जानकारीको लागि यहा क्लिक गर्नुहोस 

Issue Manager of Manakamana Smart Laghubitta 

NMB Capital Limited is the manager of the issuance and sale of microfinance securities. 

How to apply IPO ?

The general public can apply from banks and financial institutions licensed by the Nepal Securities Board and their branch offices. In addition, applications can be submitted through MyShare software.

Credit Rating of Manakamana Smart Laghubitta ?

In the credit rating issued for IPO, ICRA Nepal has given microfinance 'ICRP issuer rating double B minus' rating. Institutions receiving such a rating indicate a moderate amount of safe and moderate credit risk in terms of timely fulfillment of financial obligations.

About Company

Manakamana Smart Laghubitta Bittiya Sanstha Limited (MSLBSL), with Its central Office at Siddharthanagar Municipality ward No. 5, Maitripath Bhairahawa , Rupandehi, is a public limited company. It is duely registered under Company Act 2063 at the Office of Company Registrar, kathmandu on 2074/06/25 B.S and licensed by Nepal Rastra Bank on 2074/10/02 B.S. to operate financial servies as "D" class Micro Finance Institution. MSLBSL has started its financial operation from 2074/11/06., beginning from Bhairahawa Branch Rupandehi.

From 2076/04/11,former Smart Laghubitta Bittiya Sanstha Ltd,with its head office at Ghorahi Dang, has been merged and thus,it was named Manakamana Smart Laghubitta Bittiya Sanstha Limited(MSLBSL)

 

Area for Coverage:

 Working Area of MSLBSL is Lumbini Province and upto 2077 Chaitra   end MSLBSL has exteded its 36 branches in Rupandehi,Nawalparisi(W),Kapilbastu,Arghakhachi ,Palpa,Gulmi,Dang,Banke & Bardiya districts. MSLBSL has planned to cover all the 12 districts of Lumbini Province within 1 year , with at least one branch in each distict.