Swastik Laghubitta Issuing IPO to General Public from Shrawan 30
August 15, 2025 | Investopaper
After the first phase, Swastik Laghubitta Bittiya Sanstha Limited is currently issuing the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public is open from Shrawan 30, 2082 BS.
The company is selling 1,95,195 shares at Rs. 100 per share to the general public.
Interested investors can apply for a minimum of 10 shares and a maximum of 5,000 shares.
The public offering will close on Bhadra 3, 2082 BS.
The company has allotted 11,550 shares to the mutual fund schemes and 1,155 shares to the employees of the company.
First Phase: IPO To Locals & Foreign Employed Nepalis
In the first phase of IPO, the company had sold 23,100 shares (10 percent of general public’s quota) to the Nepalis in foreign employment from Ashad 27, 2082 BS.
The first phase of the IPO was closed on Shrawan 9, 2082 BS.
Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 5,000 shares.
In total (including the first and second phase), Swastik Laghubitta will issue 231,000 shares in the IPO. At a par value of Rs. 100, the public issue amounts to Rs. 2.31 crores.
For this purpose, Securities Board of Nepal (SEBON) has given the permission to the company on Ashad 5, 2082 BS. The microfinance company had submitted the application to the board on Magh 24, 2080 BS. Only after the approval from the board, the company can sell the shares to the public.
The company has appointed Nabil Investment Banking Limited as the issue and sales manager. The agreement for public offering has already been signed between the company and Nabil Investment Banking Limited on this regard. Mr. Dhirendra Lal Karn, CEO of Swastik Laghubitta Bittiya Sanstha Limited and Manish Narayan Joshi, CEO of Nabil Investment Banking inked the agreement.
After the IPO (if fully subscribed), the general public will possess 40 percent shares in the company while the promoters will hold the remaining 60 percent shares.
About Swastik Laghubitta Bittiya Sanstha Limited
Swastik Laghubitta Bittiya Sanstha Limited is a province level micro-financial institution licensed by Nepal Rastra Bank.
It began its operation from March 26, 2019. It is currently providing microfinance services in Madhes Province.
As of Jestha’s end 2082 BS, the microfinance has a paid-up capital of Rs. 3.46 crores.
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