Mirmire Laghubitta to issue FPO on October 12

Oct 04, 2023 10:16 AM Merolagani

Mirmire Laghubitta is set to issue further public offering (FPO) on October 12 to maintain 30 percent public ownership under Banks and Financial Institutions Act 2073.

The company is issuing 123,816.45 units of ordinary shares at a face value of Rs 100. The issue will close early on October 17 and lately on October 26.

The interested investors can apply for a minimum of 10 and maximum of 1,000 units of shares.

ICRA Nepal has assigned BB- rating to the issue indicating moderate risks.

The company has appointed Nepal SBI Merchant Banking as issue manager. The investors can apply from all C-ASBA approved BFIs and Meroshare.

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