Jeevan Bikas Laghubitta IPO Date: Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLBSL) fixed the IPO date and going to issue Initial Public Offering (IPO) to the public from 2078 Ashad 11 to Ashad 15 (25th June 2021 to 29th June 2021). SEBON has given permission to JBLBSL to sell 1,977,300 IPO units worth Rs. 197.73 million to the public.
Jivan Bikas Laghubitta had applied to the Board for IPO issuance on 1st March 2021 (17th Falgun 2077). JBLBSL is about to sell a 67.50 percent IPO to the public.
The IPO sales manager is NMB Capital. Currently, the paid-up capital of JBLBSL alone is Rs. 41.67 million. As of the third quarter of the current Fiscal Year, JBLSBL has earned a net profit of Rs. 563.93 million. During this period, the reserve fund of the company was Rs. 1 billion 183.9 million 10 thousand.
Interested investors can apply for a minimum of 10 units and a maximum of 1,000 units. The IPO issue will be closed soon on June 29 (Ashad 15) and late on July 9 (Ashad 25).
Jeevan Bikas Microfinance Financial Institution Limited, which has an earnings per share (EPS) of Rs 104.97 in the fiscal year 2076/77, is going to open IPO issuance and sale from June 25. JBLBSL is about to issue an IPO 1977300 units of share worth Rs 197.73 million.
The public can apply from CBBA licensed banks and financial institutions and their branch offices from SEBON. In addition, applications can be submitted through MeroShare software.
ICRA Nepal has given ‘ICRNP-IR BBB (Triple B) rating to the IPO that JBLBSL is about to issue. This indicates an average risk of fulfilling obligations on time.
