Last Day to Apply for Swastik Laghubitta’s IPO

Today (Bhadra 3) is the final day to apply for the IPO issued by Swastik Laghubitta Bittiya Sanstha Limited, which was opened to the public from Shrawan 30. The company had first issued shares to Nepalis working abroad, and after their allotment, the remaining shares were made available for the general public.

Swastik Laghubitta had received approval to issue 231,000 ordinary shares worth Rs. 231 million, equivalent to 40% of its issued capital. Out of this, 1,155 shares were allocated for employees, 11,550 shares for mutual funds, and 23,100 shares for Nepalis working abroad.

The remaining 195,195 shares were opened to the general public, with applications closing today, Bhadra 3.