There is a piece of good news for the IPO investors. The New Laghubitta Company is knocking at your door. Manakamana Smart Laghubitta Bittiya Sanstha Limited is issuing the initial public offering (IPO) from Ashadh 17, 2074. This company will make the investors happy because the IPO issue was paused on lockdown because of the corona pandemic. This company is issuing 389000 ordinary shares to the general public, whereas 6058 shares are already allocated to the employees of the company and 19450 unit shares are allocated to the mutual funds.
ICRA Nepal, The credit rating company of Nepal has given ICRANP-IR (BB) to the IPO issuance.
The minimum limit of IPO application is 10 units share and the maximum limit of IPO application is 10000 units share.
The issue manager of IPO issuance is NMB Capital limited.
The IPO issuance of IPO will make the share percentage 32.11% of the general public and the promoter shares will the paid-up capital will be 12.11 core
Manakamana Smart Laghubitta was established in January 2018. This company had got the class D microfinance from NRB and started its operation in 10 districts. Meanwhile, it had merged with smart Laghubitta Bittiya Sanstha limited and started its operation jointly on 26 July 2020 and got the license of province-level microfinance with the name Manakamana Smart Laghubittat Bittiya Sanstha Limited. There are 69 individual promoters engaged in this company and Mr. Dev Singh Bista is CEO of the Company. The registered and corporate office is located at Siddharthanagar-5, Lumbini Nepal.
How to apply for IPO?
Applicants can apply from all the ASBA related banks and financial institutions. Applicants can also apply through the mero share application.
How many units should apply?
As we know that Demat account holders are growing day by day . If you view the applicants of CEDB Hydro Limited there were applicants above 16 lakh. we can predict that the applicant will be more than 16 lakh. Only 36350 applicants will get 10 units each so it is better to apply for 10 units only
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