Opening Range of Shrijanshil Laghubitta Bittiya Sanstha Limited ( SHLBSL ) – Bibek News

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Shrijanshil Laghubitta Bittiya Sanstha Limited is a public limited microfinance company.  Opening Range of Shrijanshil Laghubitta Bittiya Sanstha Limited ( SHLBSL )

15th Bhadra is the first day and the 19th Bhadra is the last day for IPO. The company is issuing 3,93,750 units of shares at a par value of Rs. 100 is worth Rs. 3.93 crores. After IPO, the promoter to the general investor will be 64% to 36% of the paid-up capital.

Opening Range of Shrijanshil Laghubitta Bittiya Sanstha Limited ( SHLBSL )

The opening range of the company depends upon the book value of the audited Financial statement. As per the FY 2077/78, the book value of the company is Rs. 302. So, the opening range ranges from Rs. 302 to Rs. 906.

Sunrise Capital Limited is the issue manager for the IPO issue. Similarly, ICRA Nepal has given a Double B Minus rating which indicates a moderate risk of default regarding the timely servicing of financial obligations.

The share will be traded after being listed in NEPSE.

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