About IPO

Issue DateMagh 21 – 25
Total No of Shares522,000 Units
For Employee8,000 units
For Mutual Fund26,100 Units
For General Public487,900 Units
Total AmountRs 5,22,00,000
Issue ManagerPrabhu Capital

About Company

Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JSLBSL) started joint operation in December 2020 following the merger of two regional level MFIs (viz. Jalpa Laghubitta Bittiya Sanstha Limited (JLBSL), 10-district MFI operating since March 2019 and Mahila Samudayik Laghubitta Bittiya Sanstha Limited (MSLBSL), another 10-district MFI operating since February 2019). JSLBSL has an NGO background with the takeover of microfinance businesses operated by FINGOs. JLBSL took over the microfinance business being conducted by Srijana Development Centre (SDC), an NGO, operating as a financial intermediary from 2003. Similarly, MSLBSL took over the microfinance business conducted by Nepal Women Community Service Centre (NWCSC), another NGO, operating as a financial intermediary from 2003.

Key Strengths:

  • – Adequate track record of operations and experienced management team
  • – Increased operational scale and geographical diversification through the merger
  • – Moderate capitalization profile

Key Challenges:

  • – Incremental asset quality concerns
  • – Subdued profitability due to increased credit cost and higher cost to income ratio
  • – Low penetration of credit bureau in Nepalese MFI sector; risk of overleveraged borrowers remains high
  • – Regulatory risk

Capital Structure

Authorized Capital250,000,000
Issued Capital160,000,000
Current Paid-Up Capital107,800,000
Capital after issuance of IPO160,000,000

Shareholding Structure

ShareholdersShares Held% HeldTotal AmountStatus
Promoter Shareholder1,078,00067.38%107,800,000Paid
Public Shareholders522,00032.63%52,200,000After issuance of IPO

Board of Directors

Mr. Bir Bahadur AdhikariChairman
Mr. Arjun ShresthaDirector
Mrs. Gita Kumari Yogi GiriDirector
Mrs. Sushma GautamDirector
Mr. Omkar PandeyIndependent Director

Financial Highlights


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