. Bijaya Laghubitta Bittiya Sanstha Limited is going to issue additional public offering (FPO). The organization has stated that it will issue FPO from January 21.

The microfinance company is issuing 4,66,817 units of shares at a face value of Rs 4,66,81,700 at a face value of Rs 100 per share.

Applications can be submitted for the FPO from January 21 to 24. If the application is not received as per the demand within this period, it can be submitted till January 5. Applications can be place for minimum 10 units and maximum 1,000 units.

NMB Capital has been appointed as the issue manager for the IPO issuance. Interested bidders can apply for the shares from Securities Board of Nepal (SEBON) through banks and financial institutions (BFIs) and Mero Shares.

After the merger of the erstwhile Sarathi Laghubitta Bittiya Sanstha and Bijaya Laghubitta Bittiya Sanstha, the paid-up capital has reached Rs 74,50,40,359. The promoter and ordinary shareholders of the company held 74.39:25:61 shares. The FPO is going to be issued to maintain the share ownership of promoters and general shareholders at 70:30.