Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLBSL) has got permission from the Securities Board of Nepal (SEBON) for the IPO issue. SEBON has given permission to JBLBSL to sell 1,977,300 IPO units worth Rs. 197.73 million to the public on June 13.
JBLBSL had applied to the Board for IPO issuance on 1st March 2021 (17th Falgun 2077). JBLBSL is about to sell a 67.50 percent IPO to the public.
The IPO sales manager is NMB Capital. Currently, the paid-up capital of JBLBSL alone is Rs. 41.67 million.
As of the third quarter of the current Fiscal Year, JBLSBL has earned a net profit of Rs. 563.93 million. During this period, the reserve fund of the company was Rs. 1 billion 183.9 million 10 thousand.
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