Nepal Agro Laghubitta is set to issue its IPO on April 21 while Ganapati Microfinance is set to issue its IPO from April 22.
Nepal Agro will issue 161,778 units of shares worth Rs 16.1 million. The company has appointed Nepal SBI Merchant Banking.
Out of the total offered shares, the company has allotted 2,489 units of shares to employees and 8,089 units to mutual fund. The public can apply for the remaining 151,200 units.
The interested investors can apply for the shares from all C-ASBA approved BFIs and through meroshare software. The investors can apply for a minimum of 10 to maximum of 800 units of shares.
Similarly, Ganapati Microfinance is set to issue 335,000 units of shares worth Rs 33.5 million. The company has appointed NIBL Ace Capital as its issue manager.
Out of the total offered shares, the company has allotted 5,175 units to employees and 16,750 units to mutual funds. The public can apply for the remaining 313,075 units of shares.
The interested investors can apply for the minimum of 10 to maximum of 1,500 units through meroshare software and all C-ASBA approved BFIs.