Rashtra Utthan Financial Institution Limited is going to issue IPO from phagun 4. Microfinance is about to issue 850,000 kitta IPOs worth Rs 8 lakh 50 thousand.

Out of the shares to be issued by Laghubitta , 13,000 kitta shares have been secured for employees and 42,500 kitta shares for Mutual funds. The general public will be able to apply for the remaining 794,500 kitta shares.

Interested investors will be able to apply for a minimum of 10 kitta and a maximum of 1000 kitta .

NIBL ​​S Capital Limited is appointed as issue manager for this ipo issue. Applicants can apply through C-ASBA member banks and financial institutions and through the MeroShare website and app.

The paid-up capital of Laghubitta , which is currently Rs 17 crore 50 lakh, will reach Rs 26 crore after the IPO allotment.