Kathmandu. Bin Nepal Microfinance Institution is going to issue an FPO from Chaitra 21.
The institution is going to bring an FPO worth Rs. 51 lakh 29 thousand 250. According to which, the institution will open the sale of a total of 51 thousand 292.5 units of shares with a face value of Rs. 100.
Investors can apply for this FPO until Chaitra 26. If no applications are received by that period, the FPO sale will be opened until Baisakh 4, 2082.
Investors can apply for a minimum of 10 units and a maximum of 1 thousand units in this FPO. Investors can apply through all C-ASBA member banks and financial institutions and CDSC’s ‘Mero Share’ that have obtained permission from the Nepal Securities Board.
Currently, the paid-up capital of Bin Nepal Microfinance is Rs 79.211 million, 300. After the FPO sale, the paid-up capital of the organization will reach Rs 84.340 million, 550, while the share ownership of the general public will remain at 30 percent.
Nepal SBI Merchant Banking is the FPO sale manager of Bin Nepal Microfinance.
