Vijaya Laghubitta’s FPO Allotment Completed
Author
NEPSE TRADING

Kathmandu — Vijaya Laghubitta Financial Institution Limited has completed the allotment of its Follow-on Public Offering (FPO), which was open for subscription from January 4 to January 7 (Poush 21 to Poush 24). According to the issue manager, NMV Capital, the allotment was carried out this morning.
As per the allotment details, 46,681 applicants have been allotted 10 shares each, while an additional seven investors received one extra share each. The allocation was conducted in accordance with the applicable regulatory framework and oversubscription norms.
Investors can check their FPO allotment results through the issue manager NMV Capital, their Meroshare accounts, and the website operated by CDS and Clearing. The results are also available on the company’s official website.
Under the FPO, Vijaya Laghubitta issued a total of 466,817 ordinary shares at a par value of NPR 100 per share. Through this issuance, the institution aims to raise NPR 46.68 million in paid-up capital.
The microfinance company had launched the FPO to maintain the regulatory ownership ratio of 70 percent promoter shareholding and 30 percent public shareholding. Following the merger between Sarathi Laghubitta Financial Institution and Vijaya Laghubitta, the company’s paid-up capital increased to NPR 745.04 million.
After the merger, the shareholding ratio stood at 74.39 percent for promoters and 25.61 percent for the general public. The FPO was issued to correct this imbalance and align the ownership structure with regulatory requirements.


