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Shikhar Insurance
National Life

Self-employment microfinance FPO sale opens today

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Kathmandu. Swarojgar Laghubitta Bittiya Sanstha Limited has issued an FPO from today. The company has issued an FPO worth Rs 195,77,300.

The company has issued 195,773 shares at a face value of Rs 100 per share. Applications can be made for a minimum of 10 units and a maximum of 1,000 units in the FPO.

The company has informed through a notice that applications can be made for the FPO until Falgun 21 and if the shares are not sold during that period, applications can be made until Chaitra 3.

Credit rating agency ICRA Nepal has assigned this FPO an ‘ICRA Issuer Rating Double B Minus’, indicating that it is moderately safe in its ability to bear financial obligations. ICRA Nepal gave this rating on 2081 Shrawan 14. This rating will remain valid until 2082 Shrawan 13.

Interested individuals can subscribe to shares through C-ASWA accredited banks and financial institutions and Mero Share. The company’s share issuance and sale manager is NMB Capital.

 

GBIME

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