BPW Laghubitta is issuing its 80,950 Units of IPO shares to the general public from Today or, 18th Falgun 2079
BPW Laghubitta will start issuing IPO shares to Nepalese working abroad on March 22 and to the general public on February 18th.
From the 18th to the 23rd of Falgun, 2079, the company is issue 80,950 unit of IPO shares to the general public. With a face value of Rs 100 Per 1 Units of share.
9,700 units of IPO shares have already publish for Nepalese Employees working abroad.
Remember that the offer can extend till the 2 Chaitra for the general public if the issue is not fully subscribed by the early closing date.
The company has a total of 3 Cr in issued capital. Out of the total 97,000 units, 9,700 units, have been already published for Nepalese nationals working abroad. Additionally, 1,500 units have publish for company employees. Finally, 4,850 units, have designate for mutual funds. And the remaining 80,950 Units of share are for the general public.
The issue manager of this IPO issue is Mega Capital Markets. The minimum and maximum application quantities for the general public are 10 and 1,000 units respectively.
ICRA Nepal has assigne BPW Laghubitta an issuer rating of [ICRANP-IR] BB- (pronounced ICRA NP Issuer Rating Double B minus). Due to the quick servicing of debt, issuers with this grade are thought to have minor default risk.
After this IPO the ratio of a promoter will be 67.67:32.33.
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