IPO of Jalpa Community Microfinance on Friday

KATHMANDU: FEB. 3 – Jalpa Community Microfinance Institution is about issue IPO.

The company will issue IPO from Friday. The organization is about to issue 522,000 IPOs worth Rs 52.2 million.

Out of the total 522,000 shares to be issued by microfinance, 0.5 percent or 8,000 shares have been secured for the employees and 5 percent or 26,100 shares of the shares allotted to the public have been secured for collective investment funds.

The general public will be able to apply for the remaining 487,900 shares. Applications for the IPO will be available till Feb 8. The IPO issuance and sales manager is Prabhu Capital Limited.