IPO within 2 week; ICRA Assigns 4 to upcoming IPO issue of National Microfinance Ltd

National Microfinance Bittiya Sanstha Limited IPO will be worth Rs floating three crore (3 lakh unit shares) to the general public. ICRA Assigned grade4 to upcoming IPO issue of National Microfinance Ltd on yesterday. NIBL Capital Market Limited Has Been Assigned as the issue manager for the IPO.

An official of NIBL Capital Markets Limited Said, "The IPO  we will be floating with in 2 week.. "
It has earned net profit of Rs 1.38 crore in the second quarter of the current fiscal year 2072 / 73.The bank has paid up equity of Rs 7 crore
 

National Microfinance registered as a public company in October 30, 2014 and received the operation license in June 11, 2014 from Nepal Rastra Bank to function as a "D" Class Financial Institution and intend to Achieve the triumph to Establish itself as a Strong & Reliable Microfinance institution in Nepal.

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