Salpa Bikas Bank has received approval to issue its IPO, taking a major step toward entering the stock market, as the SEBON cleared the bank to sell 17 lakh 23 thousand 880 shares worth 17 crore 23 lakh rupees at the price of 100 rupees per share; out of this, 33 percent of the shares will be available to the general public while the remaining 67 percent will stay with the founders, and Muktinath Capital Limited will handle the IPO process, marking a new opportunity for small investors looking toward the development banking sector.
| SN | Company name | Sector | No. of applicants | Total applied units | Public issue units | Face value | Total amount | Public portion | Founder portion | Issue manager | Approval date |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | Salpa Bikas Bank Limited (For General Public) | Development Banks | 1 | 5223880 | 5223880 | 100 | 522388000 | 1,723,880 (33%) | 3,500,000 (67%) | Muktinath Capital Limited | 2082/08/08 |
