Unique Nepal Laghubitta’s FPO Shares are approved by SEBON, and the company will issue 3.79 lakh unit shares
The Unique Nepal Laghubitta Bittiya Sanstha Ltd (UNLB)’s Further Public Offering (FPO) on Baisakh 21, 2080 has been approve by the Securities Board of Nepal (SEBON).
379,425 units of FPO shares are being release by UNLB. Similar to an initial public offering (IPO), the general public may apply for the shares at a par value of Rs. 100 per share, raising Rs. 37,942,500 for the firm. After the issuing of the aforementioned FPO shares, the company’s existing paid-up capital of Rs. 110,632,500 would rise to Rs. 14.85 crores.
As the FPO’s issue manager, Muktinath Capital Limited has chose. On Chaitra 17, the request was sent to SEBON.
Particularly, Unique Nepal Laghubitta had initially intended to launch an initial public offering (IPO) with 2.70 lakh shares.
But on March 30, 2078, under the name Unique Nepal Laghubitta Bittiya Sanstha Limited, Unique Nepal Laghubitta and Ghodighoda Laghubitta began operating together following a successful merger. Since Ghodighoda Laghubitta was a publicly trad business, the combine entity will now issue an FPO to change its ownership ratio.
After this FPO, the promoter:public share arrangement, which is now 94:6, will change to 70:30.
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