Vijaya Laghubitta Opens FPO Application from Today

Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has opened applications for its Further Public Offering (FPO) starting today (January 5, 2026). The microfinance institution is issuing the FPO to maintain a 70:30 shareholding ratio between promoters and the general public following its merger, after which its paid-up capital reached NPR 745.04 million. To adjust the existing shareholding ratio of 74.39:25.61, the company will issue 466,817 ordinary shares at a par value of NPR 100 per share, totaling NPR 46.68 million. The issue will close as early as January 8 and no later than January 19, 2026. Retail investors may apply for a minimum of 10 shares and a maximum of 1,000 shares. ICRA Nepal has assigned an Issuer Rating of B (ICRANP), indicating a high level of risk in meeting financial obligations on time. NMB Capital Limited is the issue and sales manager. Applications can be submitted through C-ASBA-participating banks and financial institutions or via the ‘Mero Share’ online platform developed by CDS and Clearing Limited.