IPO for General Public: Swastik Laghubitta Bittiya Sanstha Limited Company Issue 1,95,195 Units IPO Shares from Today
Summary
Swastik Laghubitta Bittiya Sanstha Limited has launched its IPO issuing 1,95,195 shares to the general public starting 30th Shrawan 2082, managed by Nabil Investment Banking Limited with specific share allocations for mutual funds, employees and Nepalese abroad.
Key Points
- Swastik Laghubitta Bittiya Sanstha Limited has opened its IPO for 1,95,195 shares for the general public starting from 30th Shrawan 2082.
- The IPO issue manager is Nabil Investment Banking Limited.
- The company's issuer rating was downgraded by ICRA Nepal from B+@ to B@ with a ‘Watch with Negative Implications’ status.
- SLBSL reported a net loss of NPR 1.38 million in FY2024 and had a gross non-performing loan ratio of 11.15% as of mid-October 2024.
