Janasewi Laghubitta to issue IPO

Apr 23, 2019 Merolagani

Securities Board of Nepal (SEBON) has approved the IPO of  Janasewi Laghubitta(JSLBSL). The company is planning got issue 430,630 units of IPO at a face value of Rs 100.

The company has issued capital of Rs 144.3 million. Out of the total issued capital, the promoter shareholders have already paid Rs 98 million. The remaining Rs 46.3 million is being collected through the IPO.

The company has appointed NMB Capital as its issue manager. ICRA Nepal has assigned grade 4 to the IPO indicating below average fundamentals.

 

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