Thursday, March 10, 2016

IPO of Mero Microfinance gets approval of SEBON


2016-01-13


Presently this issue must be affirmed by Office of Company Registrar and the Nepal Rastra Bank. Microfinance is relied upon to secure these endorsements inside of four business days. 


Ram Hari Dahal, CEO of Mero Microfinance said, " We will distribute offer letter of IPO inside of seven days from today. Law requires application for IPO by financial specialists must be start following seven days of distributed offer letter in national day by day. Thus, it is reasonable to say speculators can begin applying for IPO of Mero Microfinance around Magh 12 or Magh 17 at the most recent." 


ICRA Nepal has appointed a "[ICRANP] IPO Grade 4", showing beneath normal basics to the proposed IPO adding up to NPR 61.20 million of Mero Microfinance Bittiya Sanstha Limited.


Mero Microfinance Bittiya Sanstha Limited is a national level microfinance organization advanced by 8 business banks and 2 improvement banks. It is wanting to issue 6,12,000 Kitta essential shares (IPO) to the overall population . Secuities Board of Nepal (SEBON) has affirmed the IPO issue. 

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