Mahila Laghubitta Bittiya sanstha limited is going to issue the Initial Public Offering (IPO) for the general public. likewise the company plan to issue four lakh Units IPO which face value is one hundred rupees per unit share.
IPO Issue Manager of Mahila laghubitta Bittya Sanstha Limited
Nepal SBI Merchant Banking Limited is the issue manager of Mahila Laghubitta Bittya Sanstha Limited
Process of IPO Issuance
The company hasn’t received the approval of the securities board of Nepal to issue the IPO.so the company will submit the application and get it approved to issue the IPO
About Company
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) as a public limited company received an operating license from Nepal Rastra Bank as D class financial institution on 2075/06/22 to operate under Bank and Financial Institution Act, 2073. It’s Central Office is located in Sanga-13, Kavre and the working area is all districts of Nepal. It provides customer-friendly microfinance services in rural areas as well as some urban areas of Nepal for the poorest people. The Bittiya Sanstha has commenced its financial transaction from 2075/07/01 B.S. It is providing micro-financial services to the low income & underprivileged peoples through our Branch Offices which are located in different parts of the Country
As of Ashad end 2077, Mahila Laghubitta has a paid-up capital of Rs 6 crores. Likewise, the reserve and
surplus stood at Rs 10.18 crores. The microfinance has floated total loans and advances of Rs 1.78 Arba.
Similarly, the company earned a net profit of Rs 3.52 crores in the fiscal year 2076/77.
surplus stood at Rs 10.18 crores. The microfinance has floated total loans and advances of Rs 1.78 Arba.
Similarly, the company earned a net profit of Rs 3.52 crores in the fiscal year 2076/77.
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