Share MarketDhaulagiri Laghubitta is to issue IPO

Dhaulagiri Laghubitta is to issue IPO

Dhaulagiri Laghubitta is going to issue IPO. The company is about to issue 300,000 shares to the public. The company has selected Sunrise Capital as the sales manager for the share issue.

The agreement has been signed by Chief Executive Officer Meen Bahadur Bohara on behalf of Microfinance and Chief Executive Officer Bijay Lal Shrestha on behalf of Capital.

The current paid up capital of the company is Rs 7 crore. After the issuance of IPO, the paid up capital will be Rs10 crore.

At present, the total reserves and fund of the company is Rs 10 crore 38 lakhs. The distributable profit of the financial institution till push-end has reached Rs 4 crore 9 lakh.

In the end of FY 2077/78, the earnings per share was more than Rs 50.12. The company has stated that the company has managed to earn Rs 61.45 per share by end of Push,.

Dhaulagiri Microfinance Financial Institution Limited has been conducting financial transactions since 2075/11/01 by obtaining the license of national level microfinance financial institution.

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