Kathmandu
07-04-2022
First IPO ( initial public offering) of 2079 on Baishak 2.
CYC NEPAL laghubitta bittya sansta Limited is going to issue 3,95,336 units IPO shares to General public from new-year baishak 2, 2079.
Date of IPO issuing: BAISHAK 2 | 15 April |
Here are complete details of CYC NEPAL laghubitta bittya sanstha Limited:
Sector: Microfinance
Price : Rs. 100 per unit
Total issuing units: 3,95,336 kitta
0.5% Employees: 6,082 kitta
5% Mutual fund : 19,766 kitta
General public: 3,69,488 kitta
Issue Manager: Global IME capital
How much to apply?
Minimum 10 kitta to maximum 1000 kitta.
Rating of the company?
BB-
CARE NEPAL rating company
About company
The CYC Nepal Laghubitta Bittiya Sanstha Ltd. is a leading Microfinance in Nepal. It was registered on 11 February 2019 as a public company as a class ‘D’ financial institution with the Nepal Rastra Bank under Act, 2063 and started formal microfinance operation from 15 March, 2019. CYC Nepal Laghubitta Bittiya Sanstha previously known as CYC (Chartare Youth Club) which is located in Samikshalaya Road Baglung.
Currently CYC Nepal Laghubitta Bittiya Sanstha is providing microfinance services to more than 59000 deprived household from Hilly and Mountainous regions of Nepal with prime focus on low-income households, assets-less, self-employed in the informal sector to uplift their livelihood increasing involvement in economic activities and income generating activities. Besides all these financial services, it also focuses on their social development, cultural promotion, educational development, skill development & many more by its fully operated 73 branch offices which are located in All over the Nepal. ( Source: Company website)
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