During the period, the company collected a deposit of Rs 102.8 million, borrowed Rs 471.8 million and extended loan of Rs 522.6 million. the company earned Rs 40.7 million in net interest and spend Rs 28.5 million in interest expenses through which it earned a net interest income of Rs 12.2 million.
The company with Rs 55 million in paid-up capital has a reserve fund of Rs 835,000. The company maintained a bad debt ratio of 0.51 percent.
Sparsha Laghubitta has sought SEBON approval to issue IPO worth Rs 26.9 million. Headquartered in Pokhara, the company is planning of issuing 269,630 units of IPO worth Rs 26.9 million to the general public.
Presently, the company has a paid-up capital of Rs 56 million which will reach Rs 82.9 million after IPO issue. The company has appointed Sanima Capital as its issue manager.
