Swastik Laghubitta Bittiya Sanstha has received the green light from SEBON to issue its IPO, aiming to raise Rs 2 crore 31 lakh through public investment.
Swastik Laghubitta Bittiya Sanstha Limited has obtained approval from the Securities Board of Nepal (SEBON) to issue an Initial Public Offering (IPO). The approval was granted on Asar 5, allowing the company to issue 2 lakh 31 thousand shares at a face value of Rs 100 per share, amounting to a total of Rs 2 crore 31 lakh.
Out of the total share structure, 40 percent — or 231,000 shares — will be issued to the general public through this IPO. The remaining 60 percent of the shares will be held by the promoter group.
Nabil Investment Banking Limited has been appointed as the issue manager for the IPO process.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
