Kathmandu. The FPO of Swarojgar Laghubitta Bittiya Sanstha is scheduled to be allotted on Friday, Chaitra 1. It is stated that the FPO will be allotted at the office of the sales manager NMB Capital at 10 am.
The company had issued the FPO since Falgun 18. The institution had issued 195,773 shares of Rs 100 each, equivalent to Rs 195,77,300.
This FPO will be allotted through a lottery system due to the oversubscription. In which 19,577 lucky people will get shares at the rate of 10 units, while 3 of those lucky people will get an additional 1 share each.
In the rating conducted for the FPO issuance, credit rating company ICRA Nepal has given the organization an ICRANP Issuer Rating Double B Minus. This indicates that there is a medium risk in the organization’s ability to meet its financial obligations.
Currently, the paid-up capital of Swarojgar is Rs 671 million 1,04,993. After the FPO sale, the paid-up capital of the organization will reach Rs 696 million 82,293.
