Swarojgar Microfinance Share Sale Opens at NPR 315 Per Unit
27th January 2026, Kathmandu
The landscape of microfinance investment in Nepal continues to offer unique entries for savvy investors, and the latest announcement from Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) is no exception. In a move aimed at portfolio restructuring and regulatory alignment, the institution has officially opened the sale of 11,500 units of promoter shares.
Swarojgar Microfinance Share Sale
Priced at a minimum of NPR 315 per share, this offering provides a structured pathway for acquiring a stake in a microfinance bank that has long been a pillar of rural economic empowerment in the Kavrepalanchok district and beyond.
The Current Market Context
Swarojgar Laghubitta, a class D financial institution licensed by Nepal Rastra Bank, is currently in a phase of robust activity. As of January 2026, the company’s ordinary shares are trading on the secondary market at approximately NPR 836 to NPR 852 per unit. The promoter share sale price of NPR 315 represents a significant discount compared to the market price of ordinary shares, a common characteristic of promoter-category equity in Nepal. This pricing strategy is designed to balance the inherent holding restrictions of promoter shares with the company’s solid book value, which was recently reported at NPR 157.73.
The institution has maintained a consistent record of rewarding its shareholders. In the fiscal year 2081/82, Swarojgar Laghubitta declared a 14.25 percent bonus share and a 0.75 percent cash dividend. Such performance highlights the bank’s ability to generate value even amidst the broader challenges currently facing the microfinance sector in Nepal.
Understanding the Two-Phase Sale Process
In strict accordance with the rules set by the Nepal Securities Board (SEBON) and the central bank, the share sale follows a specific hierarchy. This ensures that the existing power structure of the institution is preserved while allowing for necessary liquidity.
Phase 1: Priority for Existing Promoters The first 35 days from the date of the notice are reserved exclusively for the company’s current promoter shareholders. These individuals have the right of first refusal, allowing them to consolidate their holdings before the shares are offered elsewhere. Interested promoters must submit their applications to the central office in Banepa–5, Kavrepalanchok, ensuring all documentation is filed before the 35-day window closes.
Advertisement
Phase 2: Opening to the General Public Should the existing promoters decline to purchase the full 11,500 units, the remaining shares will be transitioned to an auction or sale for the general public, including individual investors and corporate entities. This second phase is highly anticipated by retail investors who look for high-yield entry points into established financial institutions.
Financial Performance and Stability
Swarojgar Laghubitta’s recent financial disclosures reflect a resilient operation. For the first quarter of the fiscal year 2082/83, the bank posted a net profit of NPR 50.64 million, with an annualized earnings per share (EPS) of approximately NPR 22.62. These figures are backed by a substantial loan portfolio and a growing base of over 113,032 clients across 91 branches.
The bank’s focus remains on the Grameen Bank model, targeting low-income women through self-employment generation activities. By providing not just credit but also “credit plus” activities like deposit mobilization, insurance products, and skill development training, SLBBL ensures a holistic impact on the socio-economic status of its members. This operational stability is a key factor for investors considering the long-term holding required for promoter shares.
Strategic Considerations for Investors
Investing in promoter shares of a microfinance institution like Swarojgar requires a clear understanding of the regulatory landscape. Unlike ordinary shares, promoter shares often have a lock-in period and require prior approval from the central bank for eventual conversion or sale in the secondary market. However, for those looking for stable, long-term returns and a seat at the table of a growing financial entity, the NPR 315 entry point is an attractive proposition.
As the 35-day deadline approaches, potential buyers are encouraged to review the company’s 17th Annual General Meeting reports and stay updated on the latest interest rate notices issued by the bank. Swarojgar’s commitment to self-employment (Swarojgar) is more than just a name; it is a business model that has proven sustainable over fifteen years of operation.
Conclusion
The Swarojgar Microfinance Share Sale of 11,500 units is a testament to the ongoing professionalization and capital management within Nepal’s microfinance sector. With a minimum price of NPR 315, the sale offers a significant value opportunity relative to the secondary market. Whether these shares stay within the current promoter group or eventually reach the hands of the general public, they represent a stake in one of Nepal’s most dedicated grassroots financial institutions.
For More: Swarojgar Microfinance Share Sale
