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FPO allocation of self-employment microfinance

SPIL
Global College
Nepal Life

Kathmandu. The FPO of Swarojgar Laghubitta Bittiya Sanstha Limited has been allotted. The FPO was allotted at the office of NMB Capital, the share issuance and sale manager of Laghubitta.

Since the applications received for the said FPO were more than the demand, the FPO of Laghubitta has been allotted through a lottery process. According to which 19,577 applicants have received 10 units of Laghubitta shares. Out of which, 3 lucky people have received an additional unit, i.e. a total of 11 units of shares.

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Laghubitta had issued 195,773 units of shares at a face value of Rs 100 per unit from last Falgun 18 to 21. A total of 1,780,457 people had applied for 21,715,750 shares in that share. Of these, 2,664 applications were canceled while 1,777,795 applications were approved, according to Capital.

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