Swastik Laghubitta IPO Launches: Your Guide to Investing in Nepal’s Market
Are you looking to invest in Nepal’s stock market? Here’s some exciting news! Swastik Laghubitta Bittiya Sanstha Limited is about to launch its initial public offering (IPO), offering a great opportunity for stock market investors to diversify their investment portfolio.
This IPO will issue shares worth 2.31 crore rupees! The company is issuing 231,000 units of shares, each with a face value of Rs. 100. This represents 40% of Swastik Laghubitta’s total issued capital of Rs. 5.775 crore. This is a fantastic chance to get involved in Nepalese stocks!
Here’s a breakdown of the IPO allocation:
- Employees: 1,155 shares (0.50%)
- Mutual Funds: 11,550 shares (5%)
- Nepalese Workers Abroad: 23,100 shares (10%)
- General Public: 145,185 shares (Remaining amount after other allocations)
How to Apply for the Swastik Laghubitta IPO:
The IPO application period begins on Saun 30th, 2081 BS (August 15th, 2024). The closing date is Bhadra 3rd, 2081 BS (August 19th, 2024), but if the IPO isn’t fully subscribed by then, the deadline extends to Bhadra 13th, 2081 BS (August 29th, 2024). Don’t miss your chance to participate in the IPO!
Investment Details:
You can apply for a minimum of 10 shares and a maximum of 5,000 shares. This allows for flexibility in your investment strategy and makes it accessible to a wide range of investors in Nepal. Make sure you have your Demat account ready and your CRN (C-ASBA Registration Number) to apply!
IPO investment can be a great way to build wealth over time. This Swastik Laghubitta IPO provides a unique opportunity to invest in Nepal’s growing microfinance sector. Keep an eye on Nepse (Nepal Stock Exchange) for future updates regarding the IPO allotment result. Explore your investment options in Nepal today!
