Swastik Laghubitta Bittiya Sanstha Limited is set to issue 391,900 units of ordinary shares to the public starting 2082 Shrawan 30. The shares are being offered at a face value of Rs. 100 per share, totaling Rs. 3.91 crore.
Out of the total issues:
5,915 shares (0.40%) are reserved for employees.
19,595 shares (5%) are reserved for mutual funds.
The remaining 366,390 shares will be available to the general public.
Key IPO Details
| Particulars | Information |
|---|---|
| Company Name | Swastik Laghubitta Bittiya Sanstha Ltd. |
| Sector | Microfinance |
| Issue Size | 391,900 shares |
| Face Value | Rs. 100 |
| Total Value | Rs. 3.91 crore |
| Opening Date | 2082/04/30 |
| Closing Date (earliest) | 2082/05/03 |
| Closing Date (latest, if undersubscribed) | 2082/05/13 |
| Minimum Application | 10 shares |
| Maximum Application | 5,000 shares |
| Credit Rating | ICRANP [IR] B@ – High Risk of Default |
How to Apply for IPO
Applications can be submitted through the C-ASBA system from participating banks and financial institutions, or via the following websites:
Company Financial Highlights
| Fiscal Year | Paid-up Capital (Rs.) | Net Worth Per Share (Rs.) | Reserve & Surplus (Rs.) | Profit (Rs.) |
|---|---|---|---|---|
| 2079/80 | 1,65,00,000 | 129.79 | 2,937,000 | 3,456,000 |
| 2080/81 | 3,29,37,500 | 128.66 | 7,656,000 | 3,161,000 |
| 2081/82 (Projected) | 4,70,00,000 | 128.42 | 15,951,000 | 4,052,000 |
Credit Rating
According to ICRA Nepal, Swastik Laghubitta has received a credit rating of ICRANP [IR] B@, indicating a high risk of default regarding the timely servicing of financial obligations.
This IPO offers an opportunity for investors to participate in the growth of a rural-focused microfinance institution. However, the credit rating suggests a high level of investment risk, so potential investors are advised to make informed decisions.
Notice: Swastik Laghubitta IPO Opens from Today, Shrawan 30 to Bhadra 3
