Swastik Laghubitta Bittiya Sanstha Limited has commenced the second phase of its Initial Public Offering (IPO), opening 195,195 ordinary shares at NPR 100 per unit for the general public starting 30 Shrawan 2082 B.S. (August 15, 2025)
This follows the first phase, which reserved shares for specific groups: 23,100 units (10%) went to Nepalese working abroad, 11,550 units (5%) were earmarked for mutual funds, and 1,155 units (0.5%) were set aside for employees.
The total public issuance comprises 231,000 shares, representing 40% of the company’s issued capital of NPR 5.775 crore (NPR 23.1 million).
Investors may apply for a minimum of 10 and a maximum of 5,000 shares, with applications accepted via C-ASBA participating institutions, their branches, and the Meroshare platform managed by CDSC.
Nabil Investment Banking Limited has been appointed as the issue manager.
As an added note, rating agency ICRA Nepal downgraded Swastik Laghubitta’s issuer rating from B+@ to B@, maintaining a “Watch with Negative Implications” stance.
