Kathmandu: A total of 728,193 people have applied for the IPO of Rashtra Utthan Laghuvitta on the first day. A total of 86 lakh 86 thousand 490 lots have been applied for till 5:56 pm on Wednesday. Microfinance has issued an IPO worth a total of Rs 85 million. Nation Upliftment has issued 850,000 IPOs at a face value of Rs 100 per unit. Investors will be able to apply till March 25. It will be possible to apply for a minimum of 10 lots and a maximum of 1000 lots.

NIBL S Capital has acted as the sales manager. Rating agency ICRA Nepal has given Nation Upliftment Microfinance a double B rating indicating moderate risk for timely fulfillment of financial obligations. Investors can apply from C-ASWA licensed banks and financial institutions and their branch offices from the Nepal Securities Board. Also, they can apply through my share