Manakamana Smart Laghubitta Bittiya Sanstha Limited will be issuing 3,89,000 units worth Rs 3.89 crore as Initial Public Offering to the general public from (Ashad 17-21, 2078).
Microfinance is about to issue 389,000 ordinary shares with a face value of Rs 100 per share. Out of this, microfinance has allocated 6,058 shares, i.e. 0.5 percent of the issued capital, for the employees and 5 percent of the total issue, i.e. 19,450 shares for the collective investment fund. The general public will be able to apply for the remaining 363,492 unitss.
Interested investors can apply for a minimum of 10 units and a maximum of 1,000 units. The eviction will be closed on July 7 at the earliest and on July 13 at the latest.
NMB Capital Limited is the manager of issuance and sale of microfinance securities. The general public can apply from banks and financial institutions licensed by the Nepal Securities Board and their branch offices. In addition, applications can be submitted through MyShare software.