ULBSL IPO Opening in Nepal April 2022

A Microfinance company “Upakar Laghubitta Bittiya Sanstha Ltd” (ULBSL) will issue its IPO to the general public. From 25 Chaitra 2078, Friday onwards and will end on 29th Chaitra 2078. An extension can occur if the subscription is not fulfilled.

About Upakar Laghubitta Bittiya Sanstha Ltd | ULBSL

Upakar Laghubitta Bittiya Sanstha Ltd is registered as a “D” class financial institution with a capital of 60 million registered by Nepal Rastra Bank. Established on Magh 17, 2075 at Kohalpur, Banke is 4 years old company as it started its services from 1st Chaitra 2075.

According to the official website of the company it currently has 15 branches in 2 districts of Nepal, Banke & Bardiya.

With a total staff of 93, they have active clients of around 26867.

You can visit Upakar Laghubitta Bittiya Sanstha Ltd’s official website for more information

Company Upakar Laghubitta Bittiya Sanstha Ltd
SectorMicrofinance
Total Units23,625,000 Units
IPO for locals236,250 Units
Opening Date2078-12-25 BS | 2022-04-08 AD
Closing Date2078-12-29 BS | 2022-04-12 AD
Extension Date2079-01-09 BS | 2022-04-22 AD if not fully subscribed.
RateRs. 100/Unit
Issue ManagerNepal SBI Merchant Banking Limited
RatingN/A
ULBSL Company’s Financial Details

Currently, there is no rating available for this company. We will update as soon as the grading is updated.

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