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Sadhana Laghubitta to issue IPO from July 5



KATHMANDU: Sadhana Laghubitta Bittiya Sanstha Limited is issuing 7,07,800 units of ordinary shares worth Rs 70.78 million to the general public from July 5, 2020.

The early closing date of this IPO issue is on July 8, 2020 and if the issue is not subscribed till July 8, then this issue can be extended up to July 19, 2020.

Out of the offered 7,07,800 units; 0.5% of issue capital i.e. 10,890 units have been set aside for the employees of the company and 5% of total offered shares to the general public i.e. 35,390 units have been allotted for the mutual funds.

The remaining 6,61,520 units are meant for the general public.

Applicants can apply for a minimum of 10 units to a maximum of 1,000 units.

Global IME Capital Limited has been appointed as the issue manager for the IPO issuance.

Publish Date : 26 June 2020 11:42 AM

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