Aatmanirbhar Laghubitta is issuing a shares unit of 1,69,755 IPO Shares starting from February 23. Laghubitta has issued the IPO shares from 11th Falgun 2079.

Notice Date: February 27, 2023

Aatmanirbhar Laghubitta Bittiya Sanstha Ltd. is a microfinance organization in Nepal that aids entrepreneurs and owners of small businesses in achieving financial security. They offer various financial services, including savings accounts, minor loans, and insurance coverage. To people and small businesses that aren’t catered to by conventional banks, with a particular emphasis on women and underserved groups.

The Nepal Rastra Bank granted the MFI a license, and it places a high priority on responsible lending, financial education, and training. By 2021, it had served over 30,000 clients and disbursed loans totaling more than NPR 1.4 billion, advancing financial inclusion and fostering Nepal’s economic growth.

Aatmanirbhar Laghubitta is releasing 1,69,755 Units of IPO Shares starting from Falgun 11.

More about the Aatmanirbhar Laghubitta is releasing 1,69,755 Units of IPO Shares starting from February 23.

From the 11th Falgun 2079, Aatmanirbhar Laghubitta Bittiya Sanstha will begin issuing 1,69,755 Units of Shares with Rs. 100 Face Value. Moreover, this issue will close early on February 15, 2079. However, if the problem is not fully resolved, it may persist until Falgun 25, 2079. The Company’s entire issued capital is Rs. 6.23 crore, Rs. 2.03 crore. Alternatively, 203,380 unit shares, or 32.625%, have been set aside for the general public.

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Of the 203,380 units, 20,388, or 10%, were set aside for Nepali people working overseas. 3.117 units, or 1.5326% of the total, were also set aside for firm employees. Lastly, 10,170 units—or 5% of the total shares issued—were set aside for mutual funds. The general population will use the remaining 1,69,755 units.

Sunrise Capital Ltd. is the IPO’s issuing manager. A minimum of 10 and 8000 units of shares may be applied for. On the other hand, if the issue is not entirely fixed, it might last until Falgun 25, 2079. The total issued capital of the Company is Rs. 6.23 crore, or Rs. 2.03 crore. In contrast, 203,380 unit shares, or 32.625 percent, have been reserved for the general public.

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