Dhaulagiri Laghubitta to issue IPO from August 9

1st Aug, 2022 | Tourism Mail Crew

KATHMANDU, Aug 01: Dhaulagiri Laghubitta Bittiya Sanstha Limited, which has Baglung District Central Office, is going to issue public shares from 9th August.

Sunrise Capital Limited is the manager of the share sale. Currently, the paid-up capital of the company is 70 million, and after the public share issue, it will reach 100.31 million, the company said.

According to the unrefined financial statements of the company, which currently has a capital of 70 million, it has 110 million in reserves and funds. From this, the net worth per share comes to 257 rupees.

The company's accumulated profit and loss is over 4.6 million, so the financial statement shows that it has the ability to distribute more than 40 percent of dividends to the shareholders even after the public share issue.

Currently, the national level microfinance company is expanding its services from 44 branch offices. Through this, about 36 thousand customer members have extended a total of 144 crore loans and collected 68 crore savings. A.W. According to the unrefined financial statement of 2021/22, the company's income per share is 37.25 paisa.