Thu, Apr 25, 2024
Janasewi Laghubitta Bittiya Sanstha (JSLBSL) has sought approval from Securities Board of Nepal (SEBON) to issue IPO worth Rs 42 million. the company is set to issue 420,000 units of IPO having a face value of Rs 100.
The company has appointed NMB Capital as its issue manager. after the IPO issuance, the paid-up capital of the company will reach Rs 140 million.
The company has authorized capital of Rs 300 million and issued capital of Rs 140 million.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
