Kathmandu. Kisan MFI is going to issue further public offering (FPO) to the public. The organization is about to issue 1.3 million FPOs to the public.

The company is buying and selling at Rs 1,500 per unit in the secondary market. In the last one year, the share price of the company had gone up from Rs 669 to Rs 1895.

The company has stated that out of the 1.571 million shares issued by the financial institution to the public earlier, 1.298 million shares will be sold to the public again through FPO. Only 39.28 million shares of microfinance with a paid-up capital of Rs. 106.6 million are listed in Nepse.

The share of the founder share in the company is 60 percent and the share of the general public is 40 percent. The founder has 2.356 million shares.