Samata Microfinance Financial Institution Limited is set to issue an FPO (Further Public Offering) starting from Kartik 12. The microfinance institution plans to issue an FPO worth NPR 35,090,425. Accordingly, the company will be issuing 350,904.25 shares at a face value of NPR 100 per share.
In compliance with Section 9 of the Banks and Financial Institutions Act, 2073, the microfinance institution is issuing the FPO to maintain the general public’s capital structure at 30%.
Applications for the FPO can be submitted until Kartik 20. If all shares are not sold within this period, the application deadline will be extended until Kartik 26. Investors can apply for a minimum of 10 shares and a maximum of 1,000 shares. The shares can be applied through C-ASBA-approved banks, financial institutions, and Mero Share.
Muktinath Capital is the issue and sales manager for the company’s share issuance. Credit rating agency ICRA Nepal has assigned an “ICRA Issuer Rating B Minus” to this FPO, indicating a moderate level of financial responsibility. This rating was issued on Shrawan 25, 2081, and will remain valid until Shrawan 21, 2082.
NET PROFIT by Srijan Acharya NET WORTH by Srijan Acharya Design by Srijan Acharya TOTAL ASSEST by Srijan Acharya ROE by Srijan Acharya Design by Srijan AcharyaREFERANCE : CHUKUL , NEPALI PAISA AND NEPSE TRADING