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Kisan Laghubitta FPO receive double B minus rating

Kisan Laghubitta FPO receive double B minus rating

Kathmandu, April 13

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Kisan Laghubitta Bittiya Sanstha Ltd. has started the process of issuing FPO. The company has received a rating from Care Ratings Nepal for issuing FPO. Care Ratings Nepal has given a double B minus rating to the FPO to be issued by the company.

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Such a rating indicates that the company has an average risk of meeting its financial obligations on time. The company is about to issue 12 lakh 98 thousand 259 units of  FPO. The company has appointed Muktinath Capital as the sales manager to issue the FPO.

Currently, the company’s paid-up capital is Rs. 39 crore 28 lakh. After the issuance of FPO, the capital will reached to Rs. 52 crore 26 lakh.