{"id":57659,"date":"2022-02-16T08:10:11","date_gmt":"2022-02-16T08:10:11","guid":{"rendered":"https:\/\/eng.danfetv.com\/?p=57659"},"modified":"2022-02-16T08:17:20","modified_gmt":"2022-02-16T08:17:20","slug":"rastra-uttan-laghubitta-bittiya-sanstha-ltd-has-launched-its-ipo","status":"publish","type":"post","link":"https:\/\/eng.danfetv.com\/?p=57659","title":{"rendered":"Rastra Utthan Laghubitta Bittiya Sanstha Ltd. has launched its IPO"},"content":{"rendered":"<p><strong>by Karuna Thapa<\/strong><\/p>\n<p><strong>Kathmandu, February 16<\/strong><\/p>\n<p>Rashtra Utthan Microfinance Financial Institution\u2019s ordinary share (IPO) has been opened from today.<\/p>\n<p>The company has begun selling 850,000 initial public offerings (IPOs) at a face value of Rs. 100 per share, for a total value of Rs. 85 million.\u00a0Mutual funds\u00a0will receive 5% of the overall issue or 42,500 shares, and the issued capital will be 0.2 percent of 260 million, or 13,000 shares reserved for employees. They will be able to apply to start on the 4th of this month, according to the company&#8217;s press release.<\/p>\n<p>The public has until February 20 to apply for a minimum of 10 lots and a maximum of 1,000 lots, and if the application is not received by that date, the eviction will be open until March 2, according to the company.\u00a0The public can apply through &#8216;Mero Share&#8217; online from banks and financial institutions and their branch offices that have been granted approval by the Nepal Securities Board to provide the CASBA facility, according to NIBL S Capital Limited&#8217;s issuance and sale manager.<\/p>\n<p>The company has Rs. 500 million authorized capitals, Rs. 260 million in current issued capital, and Rs. 175 million in paid-up capital. Following the distribution of ordinary shares offered for public purchase through a statement, the company&#8217;s paid-up capital will reach 260 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>by Karuna Thapa Kathmandu, February 16 Rashtra Utthan Microfinance Financial Institution\u2019s ordinary share (IPO) has been opened from today. The company has begun selling 850,000 initial public offerings (IPOs) at&hellip;<\/p>\n","protected":false},"author":2,"featured_media":57660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,5],"tags":[46],"class_list":["post-57659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports-2","category-latest-news","tag-ipo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rastra Utthan Laghubitta Bittiya Sanstha Ltd. has launched its IPO - Danfe TV- English<\/title>\n<meta name=\"description\" content=\"Danfe TV is Nepal&#039;s best online news source, providing 24\/7 coverage of national and international news. We deliver the most trusted updates on politics, business news, sports, entertainment, and expert opinions. 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