Green Development Bank Limited is 3 districts level development bank. The working area of the bank is located at Baglung, Myagdi and Kaski. It is the first local development bank of Baglung.
The bank will be soon floating 450,000 unit shares for general public. NIBL Capital has been assigned as the issue manager for the IPO.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of Green Development Bank.
An official with Green Development Bank said, “The IPO will take place within 2 months.”
Green Development Bank has earned net profit of Rs 1.44 lakh in the second quarter of the current fiscal year 2072/73.The bank has paid up capital of Rs 5.5 crore. After an IPO of Rs4.5crore, paid up capital will reach Rs 10 crore.
Likewise, Butwal based RSDC Laghubitta Bittiya Sanstha Limited is also coming with its IPO of 4,00,000 unit shares. The issue manager for the IPO is NIBL Capital.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of RSDC Laghubitta.
Damodar Joshi, CEO of RSDC Laghubitta said, ‘The IPO is on the review process in SEBON. It has been 15 days that we have applied in SEBON. We will be floating the IPO after we get approval from Sebon.”
RSDC Laghubitta has earned net profit of Rs 66.25 lakh in the second quarter of the current fiscal year 2072/73.It has authorized capital of Rs 20 crore, Isuused capital of Rs 10 crore and paid up capital of Rs 6 crore. After an IPO of Rs 4 crore, paid up capital of RSDC will reach Rs 10 crore.
source: sharesansar.com,25 march 2016
Link
The bank will be soon floating 450,000 unit shares for general public. NIBL Capital has been assigned as the issue manager for the IPO.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of Green Development Bank.
An official with Green Development Bank said, “The IPO will take place within 2 months.”
Green Development Bank has earned net profit of Rs 1.44 lakh in the second quarter of the current fiscal year 2072/73.The bank has paid up capital of Rs 5.5 crore. After an IPO of Rs4.5crore, paid up capital will reach Rs 10 crore.
Likewise, Butwal based RSDC Laghubitta Bittiya Sanstha Limited is also coming with its IPO of 4,00,000 unit shares. The issue manager for the IPO is NIBL Capital.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of RSDC Laghubitta.
Damodar Joshi, CEO of RSDC Laghubitta said, ‘The IPO is on the review process in SEBON. It has been 15 days that we have applied in SEBON. We will be floating the IPO after we get approval from Sebon.”
RSDC Laghubitta has earned net profit of Rs 66.25 lakh in the second quarter of the current fiscal year 2072/73.It has authorized capital of Rs 20 crore, Isuused capital of Rs 10 crore and paid up capital of Rs 6 crore. After an IPO of Rs 4 crore, paid up capital of RSDC will reach Rs 10 crore.
source: sharesansar.com,25 march 2016
Link
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