Upakar Laghubitta Bittiya Sanstha Limited IPO is opening an IPO for the general public from 25 Chaitra 2078 (08 April 2022) to 29 Chaitra 2078 (12 April 2022). The issue manager for this IPO is Nepal SBI Merchant Limited.
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Upakar Laghubitta Bittiya Sanstha Limited IPOÂ For General Public
Upkar Microfinance Financial Institution Limited is going to open an IPO issue and sell to the public from 08 April 2022.
| Upakar Laghubitta Bittiya Sanstha Limited IPO | Details |
| Issue Manager | Nepal SBI Merchant Limited |
| Open IPO Date | 25 Chaitra 2078 |
| Close IPO Date | 29 Chaitra 2078 |
| Total No of Units | 2,26,250 |
| Price per Unit | Rs 100 |
| Suitable to Apply (General Public) | 10 Units |
| Maximum units apply (Kitta) | 1000 units |
Don’t Miss: 31+ Upcoming IPO in Nepal With Date in 2078 | Upcoming IPO in Nepal with Date in 2022. The company is about to issue 2,36,250 IPOs at a face value of Rs 100 per share, equivalent to Rs 23.62 million.
Out of which 0.5 per cent or 3,281 shares of the issued capital has been reserved for microfinance employees, 5 per cent or 11,813 shares have been reserved for collective investment funds and the remaining 2,21,156 ordinary shares have been reserved for the general public.
Read Also: NESDO Sambridha Laghubitta Bittiya Sanstha Limited IPO 2022/2078
Upakar Laghubitta IPO 2078
In this IPO, investors can apply for a minimum of 10 lots and a maximum of 1000 lots. Investors will be able to apply as early as April 13 and as late as April 30, 2079.
Investors can apply from all ASBA member banks and financial institutions approved by the Securities Board of Nepal (SEBON) and their designated branch offices.
In addition, applications can be made from meroshare. ICRA Nepal has given a double B minus rating to the IPO company.
This indicates that there is a moderate risk in the ability of microfinance to bear liability. IPO issue and sales manager is Nepal SBI Merchant Banking Limited.
The general public can apply from the meroshare.cdsc.com.np account. ICRA Nepal Limited has assigned an [ICRANP] IPO to Upakar Laghubitta Bittiya Sanstha Limited.
Upakar Laghubitta Bittiya Sanstha Limited IPO Open
This IPO is now open for the general people in the second phase. Therefore, you can apply for this IPO from 25 Chaitra 2078 (08 April 2022) to 29 Chaitra 2078 (12 April 2022) on your meroshare account. You can also visit the banks for applying this IPO.
