Aaatmanirbhar Laghubitta Bittiya Sanstha Limited’s IPO Allocation & Results. The company has released a letter regarding the Results of the issued IPO Share.

Notice Date: March 2, 2023

By Sub-Section (I) of the Companies Act 2006, Aaatmanirbhar Laghubitta Bittiya Sanstha Limited (Aatmabnirbhar LBS) was established on November 29, 2018, at the office of the company registrar within the Ministry of Industry and Commerce Supplies of the Nepalese government. Its registration number is 202678/075/076, and its PAN number is 606545622.

Its headquarters are situated in the Dang district’s Ghorahi-Sub-Metropolis-15. There are 21 branches in total, located in the communities of Dang, Banke, and Bardiya. Once Aatmabirbhar LBS was officially transferred by its promoter organization RWDC in 2019 (2075 BS) as a distinct banking company (microfinance service provider) to operate independently following its registration and recognition as a “D” class bank in the Lumbini province of Nepal.

Aaatmanirbhar Laghubitta Bittiya Sanstha Limited's IPO Allocation & Results

More about Aaatmanirbhar Laghubitta Bittiya Sanstha Limited’s IPO Allocation & Results

Aaatmanirbhar Laghubitta Bittiya Sanstha Limited offered 169,755 unit IPO shares to the general public between the 11th and 15th falgun of 2079. Sunrise Capital is the issue manager for Aatmanirbhar Laghubitta Bittiya Sanstha Limited’s initial public offering.

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The corporation handed 20,388 units to Nepalese people working abroad instead of the 3,117 units set aside for company personnel. The corporation issued 10,170 units for the mutual funds in the interim.

The IPO Results of Aatmanirbhar Laghubitta will be published by the firm on the 26th of Falgun 2079, according to Issue Manager Pre Allotment work will be finished on the 19th of Falgun 2079.

The company has issued a Face Value of Rs 100. Of Rs 2,03,38,000 (2,03,380 Units), 10,170 has been given for Mutual Funds, 3,117 Units have been issued For Company Employees, and 20,338 Units have been published For Nepalese employees working Abroad. Moreover, 1,69,755 Units have been issued For General Public.

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