Upakar Laghubitta IPO | Company to issue IPO of 126,000 Unit Shares

Upakar Laghubitta Bittiya Sanstha Limited is going to issue Ordinary Shares IPO for the public soon. Upakar Laghubitta has to issue an IPO of 126,000 shares at the rate of Rs 100 per share soon. The IPO ( Initial public offering ) process is going on. The company has appointed Nepal SBI Merchant Banking Limited as the issuer and sales manager for the initial public offering (IPO) of ordinary shares worth Rs. 1,26,00,000.

IPO of Upakar Laghubitta

Upakar Laghubitta is going to issue an IPO of 126,000 units of shares at the rate of Rs 100. The IPO ( Initial public offering ) process is going on. Nepal SBI Merchant Banking Limited, the issuer and sales manager is going to issue IPO worth Rs. 1,26,00,000. In this IPO 12600 lucky applicants are going to get the shares at the rate of 10 units each.

Company : Upakar Laghubitta ( Microfinance )
IPO Units : 1,26,000
IPO Worth : Rs 1,26,00,000
IPO Unit Price : Rs 100
IPO to allot: 12600 Lucky Applicants
IPO Date: Coming Soon

Similarly, Nepal SBI Merchant Banking Limited has also been appointed as the share registrar of the company. Mr. Roshni Bharti, Managing Director and Chief Executive Officer on behalf of Nepal SBI Merchant Banking Ltd. and Mr. Sharda Kumari Khatri, Chief Executive Officer on behalf of Upakar Microfinance ( laghubitta ) signed the agreement on issue and sale manager and share registrar.

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Nepal SBI Merchant Banking Limited is a wholly owned subsidiary of Nepal SBI Bank Limited.

Upakar Laghubitta – About company

Upkar Laghubitta Bittiya Sanstha Ltd. is a Banke based Financial Intermediary Non Government Organization (FINGO). It was established in 15th Chaitra, 2049. It received license from the Nepal Rastra Bank in the year 2061 B.S., to undertake microfinance activities. It has 9 branches in Banke district and serves a total number of 15,000 families.