Shrijanshil Laghubitta IPO opened to the general public today. The Initial Public Offering (IPO) of Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLBSL) will close on Bhadra 19, 2079.
A total of 3,93,750 unit shares worth Rs. 3.93 crores have been issued at a par value of Rs. 100 per share for the general public. It is 36% of the company’s issued capital according to the company portfolio.
According to issue manager Sunrise Capital, the interested applicants can apply for a minimum of 10 shares to a maximum of 1000 shares in this IPO. But only 10 units applied are ok for this IPO due to a low number of unit issues.
Out of the 393750 units, a total of 5,470 unit shares have been secured to the employees of the company, whereas a total of 19,690 unit shares are reserved for the different mutual funds. The remaining 3,68,590 unit shares are issued to the general public. After the issue, the paid-up capital of the Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLBSL) will be reached Rs. 10.93 crores.
CARE Ratings Nepal Limited (CRNL) provides the ‘CARE-NP BB- (Is)’ [Double B Minus (Issuer)] rating to Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLBSL). This means that it has a moderate risk of default regarding timely servicing of financial obligations.
Shrijanshil Laghubitta Bittiya Sanstha(SLBSL)
Shrijanshil Laghubitta Bittiya Sanstha(SLBSL) is national level ‘D’ class Financial institutions incorporated in 2075 BS. Register on Company Registrar Office of Government of Nepal on 2075 BS under Company Act 2063 with registration number 20133/075/076 and received ‘D’ class institution license from Nepal Rastra Bank (Central Bank of Nepal) in 2075 BS with License number 91/075/076.
SLBSL Micro-Finance Program is handover from Shrijana Community Development Center (SCDC) and SCDC has been conducting Micro-Finance Program as Non-Governmental Organization(NGO) since 2059 BS. Micro-Finance programs include facilities like Loan, Saving, Micro-Insurance and financial literacy programs.
General Body compose of few general members. Governing Body also known as Board consist of five member elected from general assembly of General Body. Board is responsible for formulating policies and monitoring the implementation of policies through various monitoring methods.
>>> IPO Result – Nepali Mero Share
>>> How to Apply IPO from Mero Share
How to Apply Shrijanshil Laghubitta IPO from Mero Share
Are you looking for how to apply Shrijanshil Laghubitta IPO from Mero Share ? If yes, here is the steps to apply IPO of Shrijanshil Laghubitta Bittiya Sanstha(SLBSL).
- Go to official website 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 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 on the same page and click on all information in the current option,
- Then click on apply
- Then write the four-digit security code
- Then submit
- Application was completed; you will see that successfully applied with green color.