Jeevan Bikas Laghubitta issues 1,977,300 units of IPO

KATHMANDU: Jeevan Bikas Laghubitta Bittiya Sanstha Limited has issued initial public offerings (IPO).

Applicants can apply for the IPO by June 29.  The company has issued 1,977,300 units of IPO for Rs 100 per unit of share.

Of them, 39,420 units of shares have been allocated for staffers of the company and 98, 865 units for collective investment fund and the remaining 1,848,015 units for the general public.

An applicant can apply for minimum 10 units to maximum 1,000 units of shares.

Headquartered at Katahari in Morang, it has 138 branches across the country.

NMB Capital is the issue manager for the IPO.