Rastra Utthan Laghubitta Bittiya Sanstha Limited has issued 8,50,000 units worth Rs 8.5 crore as Initial Public Offering (IPO) to the general public from Falgun 4 to Falgun 8, 2078. Rastra Utthan Laghubitta IPO will close on Falgun 8, 2078. If it will not fully subscribed till Falgun 8, it will be extended up to Falgun 18, 2078.
A total of the offered 8,50,000 units; 0.5% of IPO, 13,000 units have been secured for the employees of the company and 5% of IPO, 42,500 units have been secured for the mutual funds. The remaining 7,94,500 units are opened for the general public.
Applicants can be applied for a minimum of 10 units and a maximum of 1,000 units for the IPO. NIBL ACE Capital Limited is appointed as the issue manager for the IPO issuance.
After the issuing of 8,50,000 units worth Rs 8.5 crore IPO shares for the general public, its paid-up capital will reach to Rs 26 crore. The promoter and public share ratio will be 67.31:32.69.
How to apply IPO from Mero share – Rastra Utthan Laghubitta Bittiya Sanstha Limited
If you want to know How to apply IPO from Mero share for Rastra Utthan Laghubitta Bittiya Sanstha Limited, you need to follow the below steps;
- Go to official website www.meroshare.cdsc.com.np meroshare cdsc com np login
- Select Your DP (Bank or Capital where you open your mero share and CRN account)
- Enter the user name and password,
- Click on login bottom
- Go to my ASBA
- Click on my ASBA
- See on the Apply on issue
- Click on the Apply bottom
- Fill in the required information (Select bank account, number of applied shares)
- Enter the CRN number in the same page and click on all information is a current option,
- Then click on apply
- Then write the four digit security code or OTP
- Then submit
- Application was completed; you will see that successfully applied with green color.
Rastra Utthan Laghubitta Bittiya Sanstha Limited
Rastra Utthan Laghubitta Bittiya Sanstha Limited established in 2075 as a national level class D microfinance institution, licensed by the Nepal Rastra Bank. After its licensing, RULBSL took over the microfinance business of Nepal Rural Development Organization (NeRuDO), a financial intermediary NGO established in 2054.
The company has a presence in 39 districts with 94 total branches now. Nepal Rural Development, Rastriya Banijiya Bank, Prabhu Bank are the major promoters of the Rastra Utthan Laghubitta Bittiya Sanstha Limited.
