Swastik Laghubitta opens IPO for the public

Swastik Laghubitta Financial Institution has opened its IPO for the general public. A total of 195,195 shares are available for public subscription. Shares for those working abroad have already been allocated. Applications can be submitted until Bhadra 3.

Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. Applications can be made online through Mero Share or via ASBA member banks and financial institutions. The issue is managed by Nabil Investment Banking.

As of the end of Chaitra, the company’s net worth per share is Rs 191.40, and earnings per share are Rs 7.33. The company has a total retained profit of Rs 3.16 crore.

Headquartered in Lahan, Siraha, Swastik Laghubitta operates at a provincial level and has received a B rating from ICRA Nepal.

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