CYC Laghubitta Bittiya Sanstha Limited has published an offer letter to issue its IPO. The issue will open on 2nd Baisakh, 2079, and conclude on 6th Baisakh, 2079. If not subscribed fully by the early closing date, the deadline can be extended till 16th Baisakh.
CYC Nepal Laghubitta Bittiya Sanstha Limited had submitted an application to the regulatory board SEBON proposing to issue 3,95,336 shares via an Initial Public Offering (IPO). SEBON then approved the proposal on Chaitra 09.
The company has a total of 12,16,418 registered shares of which 3,95,336 shares will be issued in the upcoming IPO. Thus, the IPO will raise a total of Rs. 3,95,33,600 in paid-up capital. Of the total public issue, 0.5%, i.e. 6,082…
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