Kathmandu. IPO sale of 20 companies will be opened in the fiscal year 2078/79. Five companies have already received permission from the Nepal Securities Board (NSB) for an IPO worth Rs 80 million. Another 15 companies are in the process of IPO approval.
Rupesh KC, information officer of the Securities and Exchange Board of Nepal (SEB), said that 78.39 million 84 lots.
"Five companies that got permission in the last financial year are in the process of issuing IPOs. The board is studying the demand for IPO of the remaining 15 companies, 'said Information Officer KC. He also said that the companies that have reached the process will be allowed to issue IPO gradually.
These are the five companies that will get IPO soon
The IPOs of five companies that were allowed by the Securities and Exchange Board of India (SEBI) to issue IPOs in the last fiscal year are coming up for sale soon. The IPO of five companies worth Rs 2.33 billion is coming up for sale within a month or two.
Of which three companies are hydropower, one is microfinance and one is an insurance company. Of these, the IPO of Malung Khol has been on sale since July 29, while the date of the others has not been fixed.
Five companies coming to IPO soon
| S.No. | Company name | IPO lot | IPO Cool Amount | Who will get |
|---|---|---|---|---|
| १. | Madhya Bhotekoshi Hydropower Company | one crore 50 lakh kitta | One billion 500 million | Local and public |
| २. | Malung Khola Hydropower Company Limited | 7 lakh 36 thousand 276 kitta | 73.6 million 28 thousand 600 | public |
| ३. | Sanima General Insurance | 60 lakh kitta | 600 million | public |
| ४. | Manushi Microfinance Financial Institution | 3 lakh 93 thousand 750 kits | 39.37 million | public |
| ५. | Samling Power Company Limited | 12 lakh 30 thousand kitta | one crore 23 lakh | Local and public |
Source: Nepal Securities Board
Fifty-five million shares of 15 companies in the pipeline
The Securities and Exchange Board has stated that 55 million 30 thousand 48 lots of IPOs of 15 more companies are also in the process of being issued this year. KC, the information officer of the board, said that the board is providing necessary facilitation to the companies that have applied for IPO but have not completed the process.
The IP is worth Rs 5.50 billion. Of those in the pipeline, 12 are IPOs of hydropower companies. There is also an insurance company, a service sector, and a microfinance company.
Companies in the pipeline issuing IPOs
| S.No. | Company name | IPO lot | IPO Cool Amount | Who will fill |
|---|---|---|---|---|
| १. | Centipede Hydropower Limited | 9 lakh kitta | 90 million | Local and general |
| २. | Upper Solu Hydro Electric Company | 33 lakh 7 thousand 500 lots | 33 crore 7 lakh 50 thousand | Local and general |
| ३. | Dordi Khola Hydropower Company | 29 lakh 51 thousand 929 kitta | 295.192 million | Local and general |
| ४. | Upper Hewakhola Hydropower Company | 20 lakh kitta | 200 million | Local and general |
| ५. | NESDO Prosperous Microfinance Financial Institution | 8 lakh 28 thousand 750 kits | 8 crore 28 lakh 75 thousand | General |
| ६. | Dis Media Network | 23 lakh 85 thousand 929 kitta | 238.592 million | Common |
| ७. | Green Venture Limited (Hydropower) | 62 lakh 50 thousand kitta | 62 crore 50 lakh | Local and general |
| ८. | IME Life Insurance | 60 lakh kitta | 600 million | Local and general |
| ९. | Nyadi Hydropower Limited Company | 40 lakh 50 thousand kitta | 40 crore 50 lakh | Local and general |
| १०. | Bindhyabasini Hydropower Development Company Limited | 25 lakh kitta | 250 million | Local and general |
| ११. | Himalayan Hydropower Limited | 22 lakh 50 thousand kitta | 22 crore 50 lakh | Local and general |
| १२. | Balefi Hydropower | 36 lakh 55 thousand 940 kitta | 36 crore 55 lakh 94 thousand | Local and general |
| १३. | Buddha Bhoomi Nepal Hydropower Company Limited | 12 lakh kitta | 120 million | Local and general |
| १४. | Sahash Energy Limited | 1 crore 5 lakh kitta | 1.5 billion | Local and general |
| १५. | Green Venture Limited (Hydropower) | 62 lakh 50 thousand kitta | 62 crore 50 lakh | Local and general |
Source: Nepal Securities Board
