Unique Nepal Laghubitta IPO | Upcoming IPO in Nepal

Unique Nepal Laghubitta IPO

Unique Nepal Laghubitta Bittiya Sanstha Limited is going to issue 270000 Units of Initial Public Offering Shares (IPO) Shares soon. Recently the laghubitta appoints Muktinath Capital as the Issue Manager of the IPO. The face value of IPO shares is Rs.100 with the worth Rs.2.7 crores.

About Company

Unique Nepal Laghubitta Bittiya Sanstha Ltd. (UNLBSL) is a rural microfinance institution. Currently, it provides its services to more than 82,000 poor and marginalized beneficiaries from ten districts of Province 5 and Province 7.

UNLBSL obtained a micro-finance banking license from the Nepal Rastra Bank in October 2018. However, the history goes back to the year 2000, when UNYC Nepal started working in this field. It has continuously worked for the last 18 years under the provisions of the Financial Inter-mediator Act, as a ‘FINGO’.

It continually aims at improving access to financial services. It strives to promote a culture of saving, encourages income generation, supports micro-entrepreneurship development, and provides social security services to its clients.

It has been promoted by UNYC Nepal, Prabhu Bank, NCC Bank, and other individual shareholders. It is registered under the Company Act of Nepal.

It believes in multi-layered and targeted interventions to address the causes of poverty of its clients. Therefore, it promotes an enabling ecosystem to provide business development opportunities.

In partnership with the Central Bank of Nepal, line ministries, and development agencies, it is engaged to improve access to finance. Sakchyam Challenge Fund is another present partner to gear towards adopting innovative IT-based micro-finance delivery and value chain development products.

It has initiated the process of obtaining SMART CERTIFICATION from the Smart Campaign

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