Swastik Laghubitta Bittiya Sanstha Limited has announced the issuance of 23,100 units of IPO shares targeted at foreign Nepali immigrants. The offer period runs from 27th Ashad to 9th Shrawan, 2082.
The company has published an official offer letter inviting eligible foreign Nepali investors to participate in this IPO. Interested investors can apply for shares during the specified period starting from 27th Ashad until 9th Shrawan, 2082.
Significance for investors
This initiative provides an opportunity for Nepali citizens living abroad to invest directly in a local financial institution, helping them maintain a connection with Nepal’s growing financial market.
Financial Highlights (FY 2079/80)
- Paid-up Capital: NPR 234 million
- Total Assets: NPR 1.18 billion
- Loan Portfolio: NPR 958.27 million
- Net Profit: NPR 29.91 million
- Net Worth: NPR 272.79 million
- Earnings Per Share (EPS): NPR 127.8
- Capital Adequacy Ratio (CAR): 12.72%
- Return on Equity (ROE): 12.35%
- Return on Assets (ROA): 2.56%
- Net Interest Margin: Approximately 7.58%
Eligibility and Application Process
- The IPO is only open to foreign Nepalese immigrants.
- Applications must be submitted within the defined issue period.
- Applications should be made through Nabil Investment Banking Ltd. or authorized collection centers with full payment.
Dividend Policy
Dividends will be distributed based on annual profits, subject to board recommendations and shareholder approval.
This IPO offers foreign Nepalese immigrants a chance to invest in a financially stable microfinance institution with clear growth and expansion plans. Potential investors should weigh the risks carefully before participating.
