Swarozgar Laghubitta’s FPO Opens Today, 195,773 Shares Available for Public

Swarozgar Laghubitta Financial Institution has opened applications for its Further Public Offering (FPO) starting today. A total of 195,773 shares, with a face value of NPR 100 each, have been made available for the general public. Investors can apply for a minimum of 10 shares and a maximum of 1,000 shares. Rated BB-minus by ICRA Nepal, the company has set the application deadline for March 5.

NMB Capital, the issue manager, has facilitated the application process through the online Mero Share system. The company’s current paid-up capital stands at NPR 671.1 million. According to the unaudited financial statement as of mid-January, the company’s net worth per share is NPR 164, with an annualized earnings per share of NPR 26.23. In the secondary market, the company’s share price was NPR 1,027 per share on Monday. Analysts suggest that this FPO could be an attractive opportunity for investors.