Last Day to Apply for the FPO of Mahuli Laghubitta Bittiya Sanstha Limited

Kathmandu. Today (Poush 9) is the last day to apply for the FPO of Mahuli Laghubitta Bittiya Sanstha Limited (MSLB). The company has issued the FPO to increase the current shareholding of the general public group from 19.68 percent to 30 percent.  

FPO opened from Poush 5, a total of 475,449 shares have been issued. The price per share is Rs. 100. Investors can apply for a minimum of 10 shares to a maximum of 1,000 shares.  

The credit rating agency ICRA Nepal has rated Mahuli Microfinance with a 'Double B Minus' rating, indicating medium risk. The issue and sales manager for the FPO is Laxmi Sunrise Capital Limited. Applications can be submitted through C- class member banks and financial institutions or the Mero Share system.  

Currently, the company's paid-up capital is 32 crore 23 lakh 78 thousand 585 Nepali Rupees. After the FPO issue, the capital will reach 36 crore 99 lakh 23 thousand 500 Nepali Rupees.