Manakamana Smart Laghubitta IPO Issue Date: 2078 Ashad 17 to 2078 Ashad 21
Manakamana Smart Laghubitta Bittiya Sanstha Limited (MSBSL) is going to open an IPO issue and sell from 1st July 2021 (17th Ashad 2078). MSBSL is going to issue an IPO worth Rs 38.9 million, which is 32.11 percent of the issued capital of Rs 121.15 million.
Manakamana Smart Laghubitta is going to issue 389,000 ordinary shares with a face value of Rs 100 per share. Out of this, MSBSL has allotted 6,058 shares i.e. 0.5 percent of the issued capital for the employees, and 5 percent of the total disposal i.e. 19,450 shares for the collective investment fund. The general public will be able to apply for the remaining 363,492 units.
Interested investors can apply for a minimum of 10 units of share and a maximum of 1,000 units of shares. The eviction will be closed on 2021 July 5 (21st Ashad 2078) at the earliest and on 2021 July 15 (31st Ashad 2078) at the latest.
Manakamana Smart Laghubitt’s IPO is managed by NMB Capital Limited. The public can apply from the Securities and Exchange Board of Nepal (SEBON) and its branch offices. In addition, applications can be submitted through MeroShare software.
In the credit rating given for IPO issuance, ICRA Nepal has given Manakamana Smart Laghubitta an 'ICRP Issuer Rating Double B Minus' rating. Institutions receiving such a rating indicate a moderate amount of safe and moderate credit risk in terms of timely fulfillment of financial obligations.
IPO Date IPO
