Check The Result Of Rastra Utthan Laghubitta IPO

Rastra Utthan Laghubitta is going to issue 8.50 lakh shares in IPO. Rastra Utthan Lagubitta Bitiiya Sanstha Ltd. (RULBSL) started its service in 2075. The registered office and headquarter of this National Level Microfinance Bank is located at Sanga, Banepa -13, Kabhre Palanchowk.

Authorized Capital: Rs. 500 million

Issued Capital: Rs. 260 million

Paid Up Capital: Rs. 175 million

NIBL Ace Capital is the issue manager for this IPO.

Facts About Rastra Utthan Laghubitta Bittiya Sanstha Limited:

Authorized Capital	Rs. 500 million
Issued Capital	Rs. 260 million
Paid Up Capital	Rs. 175 million

NeRuDO, Rastriya Banijya Bank Ltd, and Prabhu Bank Ltd and 36 individuals are promoters of the RULBSL.

S.N.	Promoters	Number of Shares	Amount NRs. ‘000	% of Share
1	NeRuDO	750000	75000000	28.85
2	Rastriya Banijya Bank	550000	55000000	21.15
3	Prabhu Bank	300000	30000000	11.54
4	Individuals Promoters	150000	15000000	5.77
5	General Public	850000	85000000	32.69
Total		2600000	260000000	100%

Board of Directors

1	Prahlad Man Mali	Chairman	Independent
2	Pradeep Kumar Timilsina	Director	Representatives of NeRuDO
3	Bimal Dangol	Director	Representative of Rastriya Banijya Bank Ltd.
4	Chiranjibi B.C.	Director	Representative of Prabhu Bank Ltd.
5	Rita Sapkota Paudel	Director	Individual Promoter