Kisan Laghubitta Seeks Approval from SEBON to Issue FPO

Jul 25, 2021 03:25 PM Merolagani

Kisan Laghubitta Bittiya Sanstha (KLBSL) has sought approval from the Securities Board of Nepal (SEBON) to issue further public offering (FPO).

The company is planning to issue 1,298,259 units of FPO to the general public.

The company will issue 1,298,259 units of shares worth Rs 162.2 million at a face value of Rs 125 per unit.

The company has appointed Muktinath Capital as its issue manager.

Currently, the company has a paid-up capital of Rs 392.8 million that will reach Rs 522.6 million after the FPO issue.

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