Aatmanirbhar Laghubitta Bittiya Sanstha Ltd. is a ‘D’ class microfinance company in Nepal that was established in 2075 B.S. The company provides a range of financial services to individuals and small businesses, including loans, savings, and insurance products.
In 2021, Aatmanirbhar Laghubitta Bittiya Sanstha Ltd. announced that it was planning to go public through an Initial Public Offering (IPO). The company plans to issue 203,380 shares to the public at a price of NPR 100 per share, with the goal of raising NPR 20 million in funds. The IPO is expected to open in 2023.
The agreement was signed by the company’s Chief Executive Officer Saugatbir Chaudhary and Sunrise Capital Limited’s Chief Executive Officer Bijay Lal Shrestha.
Aatmanirbhar Laghubitta Bittiya Sanstha Ltd. has a strong track record of financial performance, with net profit growth of over 25% in the past few years. The company has a network of 21 branches and service centers across Nepal and serves over 300,000 clients. The IPO is expected to be well-received by investors, given the company’s strong financial performance and growth potential.