KATHMANDU, Feb 18: Applications for the follow-on public offer (FPO) of Swarojgar Laghubitta Bittiya Sanstha Ltd will open from March 2.
A total of 195,773 shares at a face value of Rs 100 will be made available to the public. Applications can be submitted for a minimum of 10 and a maximum of 1,000 shares.
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The company has received a BB minus rating from ICRA Nepal Limited (ICRA Nepal). Applications can be made through the online system MeroShare, according to the sales manager of NMB Capital.
According to the unaudited financial statements as of mid-January, the company's net worth per share is Rs 164, and annual earnings per share is Rs 26.23. The company's share price on the secondary market on Monday was Rs 1,055 per share.
