Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) is issuing a Further Public Offering (FPO) for 2,89,440 shares.

The 8th AGM of the company held on 7th Poush, 2078 endorsed the decision to issue a Further Public Offering (FPO) to the general public. The company intends to convert the shareholding structure to 70:30.

The paid-up capital of the company is Rs. 34,27,44,192, maintained after the joint operation with Gharelu Laghubitta and adjustment of 20% bonus shares thereafter.

RBB Merchant Banking Limited has been appointed the issue manager for the FPO. The opening date hasn’t been declared yet.

Leave a Reply

Your email address will not be published.

You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…