IPO ALERT: 11 Falgun - NESDO Sambridha Laghubitta Bittiya Sanstha Ltd | IPO confirmed

IPO Nepal | Nepal share market | Microfinance |
16-Feb-2022
Kathmandu


NESDO sambridha laghubitta bittya sansta limited (NSLBSL) IPO for general public from Falgun 11 ( Feb 23)

Opening date: Falgun 11, 2078 

NESDO Sambridha laghubitta bittya sansta limited is going to issue 8,28,750 ( Eight lakh twenty eight thousand seven hundred and fifty ) IPO ( initial public offering) shares worth of 82,875,000 ( Eight Crore and twenty nine  lakh+) with base price of Rs. 100.

Bifurcation of kittas as below:-

Total issue : 8,28,750 kitta
Employees (0.5%) : 12,750 kitta 
Mutual funds (5%) : 41,437 kitta
General public: 7,74,563 kitta

Who is the issue manager of NESDO sambridha laghubitta bittya sansta Limited?
Global IME capital limited 

After the initial public offering promoters share vs general public ratio will be 67.50% vs 32.50%.

Who is the issue manager of NESDO Sambridha laghubitta bittya sansta limited?
Global IME capital limited 

After the initial public offering promoters share vs general public ratio will be 67.31% vs 32.69%.

How much to apply?
Minimum 10 kitta to maximum 1,000 kitta could be. Best to apply 10 kitta as the number of applicants are in 24+ lakh have seen in last couple of IPO'S. 

What is Rating of the company? 
BB+
By IRCA Nepal

About NESDO SAMBRIDHA LAGHUBITTA 

NESDO Sambridha Laghubitta Bittiya Sanstha Ltd is Promoted by National Educational & Social Development Organization,NESDO Nepal. NSLBSL   was incorporated under Company Act-2063 as a Public Limited Company with the mandate to operate as a “D” Class  National Level Micro finance Institutions within the frame work of  The Bank & Financial Institutions Act (BFIA)-2073.  The Authorized Capital of NSLBSL is Rs.50 Crore and its Issued and Paid-Up  Capital is Rs.7 Crore. NESDO Nepal holds 48% of total shares in NSLBSL. In Total there are 83 Promoters of NSLBSL .The Promoter of NSLBSL are NESDO Nepal ,Prabhu Bank and 81 Person from different section of the Society. NSLBSL Started its operation from 5th March 2019,as on that date  all the micro finance activities of NESDO Nepal transferred to NESDO Sambridha Laghubitta Bittiya Sanstha Ltd. At present NSLBSL served 78 thousands ultra-poor families reside in the remote area of Nepal through is 56 branch offices located in  17 districts. 


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#nesdo #nesdosambridha #nslbsl #laghubittya #IPONepal #Upcomingipo #Nepalsharemarketupdates #Stockmarket #nepse #sebon #IPOAllotment #IPOnews

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