New IPO Alert / IPO of Jeevan Bikas Laghubitta / IPO issue date / Ashad 11 IPO

 





Jeevan Bikas Laghubitta Bittya Sanstha Limited is going to issue IPO to the public from Ashad 11, 2078. The company is going to issue 19,77,300 units shares among which 5 % ( 98,865 units shares) is separated for mutual fund whereas 0.5% (30,420 Units shares) is for the staffs of the company. Last date to fill the IPO is Ashad 15 banking hours. However if it is not full subscribed till 15th Ashad then the applying date will be extended till 25th Ashad 2078. One can apply minimum 10 shares to maximum 1000 units Share.

 ICRA Nepal has assigned the issuer rating of [ICRANP-IR] BBB- to Jeevan Bikas Laghubitta Bittiya Sanstha Limited. [ICRANP-IR] BBB- indicate a moderate degree of safety, regarding timely servicing of financial obligations with moderate credit risk. 

NMB Capital Limited is appointed as the issue manager for IPO.

Applicants who has Meroshare application can apply through Meroshare or it can be applied through the ASBA member's bank and financial institutions. 

 IPO Open Date: 2078-03-11

IPO Close Date (Early): 2078-03-15 (Banking Hours)

IPO Close Date (Lately): 2078-03-25 (Banking Hours)

Recommended quantity to apply: Since DMAT account holders are increasing day by day we recommend to apply not more than 10 share as the distribution will be done by lottery system.

About  Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLBSL)

Jeevan Bikas Laghubitta Bittiya Sanstha Limited, a national level "D" class financial institution promoted by Jeevan Bikas Samaj (Non-Governmental Organization), has been providing financial services since February 28, 2019. In accordance with the Regulations on Merger and Acquisition Bylaws of Banks and Financial Institutions, 2017 issued by Nepal Rastra Bank, it's merger has been completed with Solve Laghubitta Bittiya Sanstha Limited and Garibi Nyunikaran Laghubitta Bittiya Sanstha Limited and the integrated transaction commences from September 7, 2020.

Capital Structure
Authorized Capital : 1 Billion
Issue and Paid up capital :608.4 Million

Share Holders of Jeevan Bikas laghubitta Bittiya Sanstha Limited

JBS NGO 30 %
Prabhu Capital Limited 13 %
SR Hydro and Investment P ltd 9%
Social Organization for Liberal Volunteers Engagement of Nepal(Slove) 7%
Nic Asia Bank 3%
Samudayik Mahila Bikas Kendra (SWDEC) 1%

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