Clean village microfinance offering its IPO

Kathmandu, June-10 Clean Village Microfinance has published a notice announcing its initial public offering of 1, 20,000 unit’s shares. The IPO offering will be open from Ashad 3.

Minimum of 50 units and maximum of 1000 units of share can be applied.NMB Capital Market Limited has been appointed as the issue manager for the IPO.

The microfinance has set aside, 4800 unit shares for its employees and 6000 unit shares for the mutual fund.

It earned a net profit of Rs 37.79 lakh in its 2nd quarter of the fiscal year 2071/72.  Its net worth per share stands at Rs 95.49.

The microfinance paid-up capital will rise to Rs 4 crore after the IPO.