Abhiyan Lagubitta Sanstha is going to Issue IPO from Shrawan 18

abhiyan laghubitta ipo

Abhiyan Lagubitta Sanstha Limited is going to issue an IPO on the 18th of Shrawan. Lagubitta company is about to issue 9,75,000 IPO shares with a face value of Rs 100 per share.

Out of a total of 975,000 shares, 0.5% i.e. 12,500 shares have been reserved for employees and 5% i.e. 48,750 shares have been reserved for collective investment funds. The general investors can apply for the remaining 9,13,750 shares.

This IPO will close on the 22nd of Shrawan. If all the IPOs are not sold in this time duration, investors can apply till Bhadra 1st. Investors can apply for a minimum of 10 shares to 3,000 shares.

Muktinath Capital Limited is the IPO issue manager of this Abhiyan Lagubitta Sanstha Limited. Interested applicants can apply for IPO by visiting C-ASBA member banks and financial institutions. Similarly, investors can easily apply online through the Mero share website and app.

It is advisable to apply for only 10 shares in this IPO. Because about 20,00,000 IPO investors are active. At present, almost 2 million applications are received in every IPO, so getting this IPO depends on luck. IPO is going to be allotted through a lucky draw according to the SEBON rule.

In the credit rating given for the IPO, ICRA Nepal has given ICRNP Issuer Rating Double B Minus Rating to Microfinance. This indicates that there is a moderate risk in terms of being able to meet financial obligations on time.

At present, the paid-up capital of microfinance is Rs. 150.25 million. After the IPO allotment, the paid-up capital of microfinance will reach Rs. 25 crores.

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