IPO of Gurans Laghubitta Commences

Apr 29, 2019 Merolagani

Gurans Laghubitta Bittiya Sanstha (GLBSL) has started issuing IPO from April 29. The company is issuing 32.26 percent shares of issued capital i.e. 250,000 units of shares worth Rs 25 million to the public.

Out of the total issue, the company has allocated 3,875 units of shares to employees and 12,500 units to mutual funds. The general public can apply for the remaining 233,625 units of shares.

For the issue, the company has appointed NIBL Ace Capital as issue manager. The interested investors can apply for a minimum of 10 and maximum of 500 units of shares through meroshare software or all C-ASBA approved BFIs.

The issue will close early on May 3 and lately on May 28.

Headquartered at Dhankuta, Gurans Laghubitta has 22 branch offices and workstation of 10 districts.

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