IPO of Jeevan Bikas Laghubitta open

KATHMANDU: JUNE 25 – Jeevan Bikas Laghubitta has issued initial public offering (IPO) to the public from Friday. The company has issued 1,977,300 IPOs with a face value of Rs 100.

According to NMB Capital Limited, the company’s share issue and sale manager, 18 lakh 48 thousand 15 shares have been issued to the public. Similarly, 30,420 shares have been issued for employees and 98,865 shares for collective investment funds.

A minimum of 10 lots and a maximum of 1000 lots can be applied for the purchase of shares of the company. The company’s IPO will be open till JuNE 29 at the earliest and till July 9 at the latest.

In the fiscal year 2076/77, the company has a net worth of Rs 305.27 per share, earnings per share of Rs 104.97 and net worth return of 34.39 percent. The accumulated profit of the company is Rs. 4 lakh 7 thousand 621.

Similarly, the projected Negworth return for the next three years is 29.10 percent in FY 2077/78, 29 percent in FY 2078/79 and 26.96 percent in FY 2079/80.