Upcoming IPO In Nepal: CYC Nepal Laghubitta To Issue IPO
Good news coming up for the investors as CYC Nepal Laghubitta will be issuing 3,95,335.9704 units of IPO shares. Global IME Capital is the issue manager for the IPO of CYC Nepal Laghubitta. The microfinance company has 37 branches.
Upcoming IPO In Nepal: CYC Nepal Laghubitta To Issue IPO
Facts About CYC Nepal Laghubitta
The CYC Nepal Laghubitta Bittiya Sanstha Ltd. was registered on 11 February 2019 as a public company as a class ‘D’ financial institution with the Nepal Rastra Bank under Act, 2063. It started formal microfinance operation on 15 March 2019. CYC Nepal Laghubitta Bittiya Sanstha or previously known as CYC (Chartare Youth Club) is located in Samikshalaya Road Baglung.
CYC Nepal Laghubitta Bittiya Sanstha Ltd recently acquired Shaligram Laghubitta Bittiya Sanstha Limited.
Quick Insight Of Laghubitta
| Total Loan Disbursed (NPR) | 12,51,43,70,339 |
| Number of Branch Office | 29 |
| Loan Outstanding (NPR) | 1,55,36,05,008 |
| Number of Centers | 2472 |
| Number of Active Clients | 44,938 |
| Saving & Deposit (NPR) | 83,98,82,172 |
| Total Staff (Including Trainee) | 164 |
| Working Districts | 15 |
| Local Bodies Outreach | 76 |
| Number of Loan Clients | 25,841 |
| Currency Conversion | USD 1=NPR 119 |
