Skip to content
Shikhar Insurance
National Life

Swastik Microfinance gets permission to issue IPO

Hyundai
NCELL
NIMB

Kathmandu. The Securities Board of Nepal (SEBI) has given permission to Swastik Laghubitta Financial Institution to sell ordinary shares (IPO). The board had approved the sale of 231,000 units of ordinary shares worth Rs 23.1 million.

Nabil Investment Banking Limited is the share sale manager of the company. The board has so far given permission to 12 companies to sell ordinary shares in the current fiscal year. Of these, five are hydropower companies and three are micro-insurance companies. On the other hand, two companies have got permission, one on the production side and one on the micro finance side. In total, the board has approved the sale of ordinary shares worth Rs 2.95 billion.

Similarly, there are 44 companies awaiting permission to sell ordinary shares. Most of them are hydropower companies. A total of 35 hydropower companies are awaiting permission to sell ordinary shares. rss

GBIME

प्रतिक्रिया दिनुहोस्