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ECONOMY

Swastik Laghubitta to issue IPO worth Rs 23.1 million

The company received approval from the Securities Board of Nepal (SEBON) on Thursday to proceed with the IPO. Swastik Laghubitta will issue 231,000 units of shares at a face value of Rs 100, totaling Rs 23.1 million.
By Republica

KATHMANDU, June 19: Swastik Laghubitta Bittiya Sanstha is set to issue its Initial Public Offering (IPO).


The company received approval from the Securities Board of Nepal (SEBON) on Thursday to proceed with the IPO. Swastik Laghubitta will issue 231,000 units of shares at a face value of Rs 100, totaling Rs 23.1 million.


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Swastik Laghubitta to issue IPO


Nabil Investment Banking has been appointed as the issue and sales manager for the IPO. The head office of Swastik Laghubitta is located in Siraha, Madhesh Province.


 

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