Credit Rating

S.No Symbol Company Name Product Offering Grade Published Date
1 CZBIL Citizens Bank International Limited Further Public Offer (Equity Shares) NPR 92.7652 Million [ICRANP] IPO Grade 3 (Assigned on April 2018 and revalidated with FPO price update on July 2018) 2018-07-26
2 HBL Himalayan Bank Limited Subordinated Bond Program “8% HBL Bond 2077” NPR 600 Million1 [ICRANP] LA (Reaffirmed); rating watch with negative implications removed 2018-07-25
3 HBL Himalayan Bank Limited Subordinated Bond (Not issued) “HBL Bond 2079” NPR 500 Million [ICRANP] LA@ (Rating withdrawn) 2018-07-25
4 CHAUTARI Chautari Laghubitta Bittiya Sanstha Limited IPO (equity) Grading NPR 54 Million [ICRANP] IPO Grade 4 (Assigned) 2018-07-20
5 EBL Everest Bank Limited Subordinated Debenture Program1 NPR 600 Million [ICRANP] LA+ (upgraded)* 2018-07-18
6 CBIL CBIL Capital Limited IPO (equity) Grading NPR 30 million [ICRANP] IPO Grade 4 (Assigned) 2018-07-16
7 GBICL Global IME Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2018-07-13
8 NIBLACE NIBL Ace Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2018-07-13
9 AANKHU Aankhu Khola Hydropower Company Limited IPO (equity) Grading NPR 200 million [ICRANP] IPO Grade 5 (Assigned) 2018-07-13
10 SANIMA Sanima Bank Limited Subordinated Debenture Program NPR 370 Million1 [ICRANP] LA- (reaffirmed) 2018-07-01
11 NNLB Naya Nepal Laghubitta Bikas Bank Limited Rights Share Issue NPR 60 Million [ICRANP] IPO Grade 5 (Assigned) 2018-07-01
12 HUBCL Himalaya Urja Bikas Company Limited IPO (equity) Grading NPR 247.50 million [ICRANP] IPO Grade 4 (Assigned) 2018-07-01
13 UHCL Union Hydropower Company Limited IPO (equity) Grading NPR 366.255 million1 [ICRANP] IPO Grade 5 (Assigned) 2018-07-01
14 SHCL Shivam Cements Limited Initial Public Offerings (equity) NPR 2,024 million1 [ICRANP] IPO Grade 3+ (Assigned on March 2018 and revalidated with IPO price update in June 2018) 2018-07-01
15 SANIMA Sanima Bank Limited Subordinated Debenture Program NPR 2,000 million [ICRANP] LA- (assigned) 2018-07-01
16 SANIMA Sanima Bank Limited Issuer Rating NA [ICRANP-IR] A- (reaffirmed) 2018-07-01
17 WMBF World Merchant Banking & Finance Limited Rights Share Issue NPR 363.9606 million [ICRANP] IPO Grade 5 (Assigned) 2018-06-20
18 SFFIL Srijana Finance Limited Rights Share Issue (Equity shares) NPR 240.41 Million [ICRANP] IPO Grade 4 (Assigned) 2018-06-18
19 UPCL Universal Power Company Limited IPO (equity) Grading NPR 966.161 million [ICRANP] IPO Grade 4 (Assigned) 2018-06-14
20 NIB Nepal Investment Bank Limited Subordinated Debentures Program NPR 750 Million [ICRANP] LA+ (Upgraded) 2018-06-12
21 NIB Nepal Investment Bank Limited Issuer Rating NA [ICRANP-IR] A+ (Upgraded) 2018-06-12
22 NMB NMB Bank Limited Further Public Offer (FPO) (Equity) NPR 3,801.2493 million [ICRANP] IPO Grade 3 (Assigned on Jan 2018 and revalidated with FPO price update on June 2018) 2018-06-04
23 NBBL Nagbeli Laghubitta Bikash Bank Limited Rights Share Issue ~NPR 76.64 Million [ICRANP] IPO Grade 4 (Assigned) 2018-05-22
24 SLBBL Swarojgar Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 122.49976 Million [ICRANP] IPO Grade 4+ (Assigned) 2018-05-22
25 IGI IME General Insurance Limited Rights shares issue NPR 432 million [ICRANP] IPO Grade 4 (Assigned) 2018-05-04
26 GBIME Global IME Bank Limited Issuer Rating NA [ICRANP-IR] A- (Reaffirmed), “rating watch with negative implications” removed 2018-05-01
27 NABILINV Nabil Investment Banking Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (Reaffirmed) 2018-04-17
28 NMBCAP NMB Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (upgraded) 2018-04-17
29 SIL Siddhartha Insurance Limited Rights issue (Equity) NPR 224.49735 million [ICRANP] IPO Grade 3+ (Assigned) 2018-04-17
30 NADEP NADEP Laghubitta Bittiya Sanstha Limited Initial Public Offer (Equity) NPR 48 million [ICRANP] IPO Grade 4+ (Assigned) 2018-04-09
31 RSDC RSDC Laghubitta Bittiya Sanstha Limited Rights Issue (Equity) NPR 215.96 million [ICRANP] IPO Grade 4 (Assigned) 2018-04-02
32 JHDCL Joshi Hydropower Development Company Limited IPO (equity) Grading NPR 181.986 million [ICRANP] IPO Grade 5 (Assigned) 2018-03-30
33 BARUN Barun Hydropower Company Limited Rights issue (equity) NPR 255.15 million [ICRANP] IPO Grade 4 (Assigned) 2018-03-23
34 MMFDB Mirmire Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 45 Million [ICRANP] IPO Grade 4 (Assigned) 2018-03-18
35 GLICL Gurans Life Insurance Company Limited Rights Issue (Equity) NPR 297 million [ICRANP] IPO Grade 4 (Assigned) 2018-02-22
36 DBBL Deva Bikas Bank Limited Rights Issue (Equity shares) NPR 653.31 million [ICRANP] IPO Grade 4 (Assigned) 2018-02-16
37 SSHL Shiva Shree Hydropower Limited IPO (equity) Grading NPR 369.1 million1 [ICRANP] IPO Grade 4 (Assigned) 2018-02-12
38 SLICL Surya Life Insurance Company Limited Rights Issue (Equity) NPR 288.75 million [ICRANP] IPO Grade 4 (Assigned) 2018-02-09
39 KBL Kumari Bank Limited Rights issue (Equity) NPR 1,193.90 million [ICRANP] IPO Grade 4+ (Assigned) 2018-02-09
40 NMB NMB Bank Limited Issuer Rating NA [ICRANP IR] A (upgraded) 2018-02-04
41 NMB NMB Bank Limited Subordinated Bond Program NPR 500 Million [ICRANP] LA- (upgraded) 2018-02-04
42 SHBL Sahara Bikas Bank Limited Rights Share Issue NPR 182.49 Million [ICRANP] IPO Grade 5 (Assigned) 2018-01-29
43 UTHPL Upper Tamakoshi Hydropower Limited IPO (equity) Grading NPR 2,647.50 Million [ICRANP] IPO Grade 4 (Assigned) 2018-01-29
44 SYFL Synergy Finance Limited Rights Issue (Equity shares) NPR 118.602247 million [ICRANP] IPO Grade 5 (Assigned) 2018-01-16
45 NICL Nepal Insurance Company Limited Rights Issue (Equity shares) NPR 301.98861 million [ICRANP] IPO Grade 4+ (Assigned) 2018-01-16
46 CBIL CBIL Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Assigned) 2018-01-11
47 KSBBL Kamana Sewa Bikas Bank Limited Rights Issue (Equity shares) NPR 309.42 million [ICRANP] IPO Grade 4+ (Assigned) 2018-01-11
48 MHNL Mountain Hydro Nepal Limited IPO (equity) Grading NPR 250 million [ICRANP] IPO Grade 4 (Assigned) 2018-01-10
49 PLIC Prime Life Insurance Company Limited Rights Issue (Equity) NPR 976.32 million [ICRANP] IPO Grade 4+ (Assigned) 2018-01-10
50 NLICL National Life Insurance Company Limited Rights Issue (Equity) NPR 993.647754 million [ICRANP] IPO Grade 3 (Assigned) 2018-01-05
51 BPCL Butwal Power Company Limited Further Public Offer (Equity shares) NPR 2,044.58 million [ICRANP] IPO Grade 3 (Assigned on May 2017 and revalidated with FPO price update on Dec 2017) 2018-01-05
52 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited Rights Issue Grading NPR 228.1313 million [ICRANP] IPO Grade 3 (Assigned) 2018-01-05
53 SBL Siddhartha Bank Limited Rights issue (Equity) NPR 682.611719 million [ICRANP] IPO Grade 3 (Assigned) 2017-12-29
54 PIC Premier Insurance Company Limited Further Public Offer (Equity shares) NPR 526.99 million [ICRANP] IPO Grade 3+ (Assigned on Feb 2017 and revalidated with FPO price update on Dec 2017) 2017-12-29
55 CFCL Central Finance Limited Rights Share Issue NPR 260.33 [ICRANP] IPO Grade 5 (Assigned) 2017-12-17
56 NICA NIC Asia Bank Limited Subordinated Bond Program “NIC Asia Bond 2081/82” NPR 3,000 Million [ICRANP] LA- (Assigned) 2017-12-17
57 NICA NIC Asia Bank Limited Subordinated Bond Program “7.25% NIC Asia Bond 2077” NPR 500 Million [ICRANP] LA- (Reaffirmed) 2017-12-17
58 NICA NIC Asia Bank Limited Issuer Rating NA [ICRANP-IR] A- (Reaffirmed) 2017-12-17
59 ghale Ghalemdi Hydro Limited IPO (equity) Grading NPR 165 million [ICRANP] IPO Grade 4 (Assigned) 2017-12-14
60 ALICL Asian Life Insurance Company Limited Rights Issue (Equity) NPR 402.79662 million [ICRANP] IPO Grade 4+ (Assigned) 2017-12-05
61 LBBL Lumbini Bikas Bank Limited Rights Issue (Equity) NPR 200.89 million [ICRANP] IPO Grade 4 (Assigned) 2017-12-05
62 NIL Neco Insurance Company Limited Rights Issue (Equity shares) NPR 392.0925 million [ICRANP] IPO Grade 3 (Assigned) 2017-11-29
63 SSHL Shiva Shree Hydropower Limited IPO (equity) Grading NPR 350 million [ICRANP] IPO Grade 4 (Assigned) 2017-11-29
64 PFL Pokhara Finance Limited Rights Issue (Equity Shares) NPR 98.37 Million [ICRANP] IPO Grade 4 (Assigned) 2017-11-10
65 SADBL Shangrila Development Bank Limited Rights Issue (Equity shares) NPR 1,086.78 million [ICRANP] IPO Grade 3 (Assigned) 2017-11-07
66 GDBL Gandaki Bikas Bank Limited Rights Issue (Equity shares) NPR 460.9816 million [ICRANP] IPO Grade 3 (Assigned) 2017-10-30
67 SBI Nepal SBI Bank Limited Issuer Rating NA [ICRANP-IR] AA (Reaffirmed) 2017-10-26
68 SBI Nepal SBI Bank Limited Subordinated Debenture Program NPR 200 Million [ICRANP] LAA (Reaffirmed) 2017-10-26
69 PICL Prudential Insurance Company Limited Rights Issue Grading NPR 128.304 million [ICRANP] IPO Grade 3 (Assigned) 2017-10-23
70 KPCL Kalika Power Company Limited IPO (Equity) Grading NPR 180 million [ICRANP] IPO Grade 4 (Assigned) 2017-10-13
71 UHCL Union Hydropower Company Limited IPO (equity) Grading NPR 250 million1 [ICRANP] IPO Grade 5 (Assigned) 2017-10-10
72 NABIL Nabil Bank Limited Issuer Rating NA [ICRANP-IR] AA- (Reaffirmed) 2017-09-22
73 API Api Power Company Limited Rights Issue (equity) NPR 2,100 million [ICRANP] IPO Grade 4 (Assigned) 2017-09-22
74 PMHL Panchakanya Mai Hydropower Limited IPO (equity) Grading NPR 220 million [ICRANP] IPO Grade 4 (Assigned) 2017-09-22
75 AANKHU Aankhu Khola Hydropower Company Limited IPO (equity) Grading NPR 200 million [ICRANP] IPO Grade 5 (Assigned) 2017-09-22
76 SRS Shree Ram Sugar Mills Limited Rights Issue (equity) NPR 890 million [ICRANP] IPO Grade 5 (Assigned) 2017-09-15
77 RADHI Radhi Bidyut Company Limited IPO (equity) Grading NPR 102.5 million* [ICRANP] IPO Grade 3 (Assigned) 2017-09-03
78 Sanjen Sanjen Hydropower Company Limited IPO (equity) Grading NPR 876 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-08-30
79 NHDL Nepal Hydro Developer Limited IPO (equity) Grading NPR 39 million [ICRANP] IPO Grade 4 (Assigned) 2017-08-16
80 GRDBL Green Development Bank Limited Rights Share Issue NPR 400 Million [ICRANP] IPO Grade 5 (Assigned) 2017-08-13
81 SANCAP Sanima Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Assigned) 2017-08-13
82 SMFDB Summit Micro Finance Development Bank Limited Rights Share Issue NPR 72.50 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-08-09
83 SANIMA Sanima Bank Limited Issuer Rating NA [ICRANP-IR] A- (assigned) 2017-08-03
84 SANIMA Sanima Bank Limited Subordinated Debenture Program NPR 370 Million1 [ICRANP] LA- (upgraded)* 2017-08-03
85 RHCL Rasuwagadhi Hydropower Company Limited IPO (equity) Grading NPR 1,642.104 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-08-02
86 SBL Siddhartha Bank Limited Issuer Rating NA [ICRANP] IR BBB+ rating (upgraded) 2017-07-18
87 SBL Siddhartha Bank Limited Subordinated Debenture Program NPR 500 Million [ICRANP] LBBB+ rating (upgraded) 2017-07-18
88 SIDCL Siddhartha Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (upgraded) 2017-07-17
89 LGIL Lumbini General Insurance Limited Rights Issue (Equity shares) NPR 390 million [ICRANP] IPO Grade 3 (Assigned) 2017-07-16
90 NICACL NIC Asia Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Assigned) 2017-07-16
91 GBLBS Grameen Bikas Laghubitta Bittiya Sanstha Limited Further Public Offer (Equity) NPR 97.50 million [ICRANP] IPO Grade 4 (Assigned) 2017-07-11
92 RSDC RSDC Laghubitta Bittiya Sanstha Limited Rights Issue (Equity) NPR 230 million [ICRANP] IPO Grade 4 (Assigned) 2017-07-09
93 HATH Hathway Finance Company Limited Rights Share Issue NPR 150 million [ICRANP] IPO Grade 5 (Assigned) 2017-07-07
94 PFL Pokhara Finance Limited Further Public Offer (Equity) NPR 216.41 Million [ICRANP] IPO Grade 4 (Assigned) 2017-07-06
95 BFC Best Finance Company Limited Rights Share Issue NPR 165.285 [ICRANP] IPO Grade 5 (Assigned) 2017-06-30
96 SHPC Sanima Mai Hydropower Limited Rights issue (Equity) NPR 1,055 million [ICRANP] IPO Grade 3 (Assigned) 2017-06-30
97 CZBIL Citizens Bank International Limited Issuer Rating NA [ICRANP-IR] BBB+ (Assigned) 2017-06-28
98 CZBIL Citizens Bank International Limited Subordinated Bond Program NPR 500 Million [ICRANP] LBBB+ (Upgraded) 2017-06-28
99 UHCL Unique Hydel Company Limited IPO (equity) Grading NPR 220 million [ICRANP] IPO Grade 5 (Assigned) 2017-06-26
100 NICA NIC Asia Bank Limited Subordinated Bond Program NPR 500 Million [ICRANP] LA- (Reaffirmed), “rating watch with negative implications” removed 2017-06-22
101 SHUVAM Shuvam Power Limited IPO (equity) Grading NPR 60 million [ICRANP] IPO Grade 5 (Assigned) 2017-06-22
102 BOKL Bank of Kathmandu Limited Subordinated Bond Program “7.5% BOK Bond 2078” NPR 600 Million [ICRANP] LBBB+ rating (upgraded) 2017-06-07
103 UHCL Union Hydropower Company Limited IPO (equity) Grading NPR 140 million [ICRANP] IPO Grade 5 (Assigned) 2017-06-04
104 SKDBL Saptakoshi Development Bank Limited Rights Share Issue NPR 274.30 Million [ICRANP] IPO Grade 4 (Assigned) 2017-05-26
105 HPPL Himalayan Power Partner Limited IPO (equity) Grading NPR 319.6251 million [ICRANP] IPO Grade 4 (Downgraded) 2017-05-23
106 HGI Himalayan General Insurance Company Limited Rights Issue (Equity shares) NPR 642 million [ICRANP] IPO Grade 3 (Assigned) 2017-05-21
107 NMBCAP NMB Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2017-04-28
108 RRHP Rairang Hydropower Development Company Limited. IPO (equity) Grading NPR 140 million [ICRANP] IPO Grade 4 (Assigned) 2017-04-12
109 SLBBL Swarojgar Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 34.99 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-04-12
110 SAJHA Sajha Bikas Bank Limited Rights Share Issue NPR 50 Million [ICRANP] IPO Grade 5 (Assigned) 2017-04-03
111 CHL Chhyangdi Hydropower Company Limited IPO (equity) Grading NPR 54 million [ICRANP] IPO Grade 4 (Assigned) 2017-03-29
112 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited Rights Issue Grading NPR 132.25 million [ICRANP] IPO Grade 3 (Assigned) 2017-03-22
113 IGI IME General Insurance Limited Rights shares issue NPR 270 million [ICRANP] IPO Grade 4 (Assigned) 2017-03-21
114 YETI Yeti Development Bank Limited Rights Share Issue NPR 693.1167 Million [ICRANP] IPO Grade 4 (Assigned) 2017-02-21
115 PRIN Prabhu Insurance Company Limited Rights issue (Equity) NPR 192.5078805 million [ICRANP] IPO Grade 4+ (Assigned) 2017-02-19
116 MAILUNG Mailung Khola Jal Vidhyut Company Limited IPO (equity) Grading NPR 110.44 million [ICRANP] IPO Grade 4 (Assigned) 2017-02-16
117 SCB Standard Chartered Bank Nepal Limited Further Public Offer (Equity) NPR 3,300 Million [ICRANP] IPO Grade 2+ (Assigned) 2017-02-14
118 JHDCL Joshi Hydropower Development Company Limited IPO NPR 181.90 million [ICRANP] IPO Grade 5 (Assigned) 2017-02-01
119 NLBBL Nerude Laghubitta Bittiya Sanstha Limited Rights Issue NPR 90 million [ICRANP] IPO Grade 4 (Assigned) 2017-02-01
120 MAILUNG Mailung Khola Jal Vidhyut Company Limited IPO (equity) Grading NPR 110.44 million [ICRANP] IPO Grade 4 (Assigned) 2017-02-01
121 NLIC Nepal Life Insurance Company Limited Further Public Offer (Equity) NPR 4,412.41 million [ICRANP] IPO Grade 3+ (Assigned) 2017-01-04
122 DDBL Deprosc Laghubitta Bittiya Sanstha Limited Rights Issue NPR 257.923845 million [ICRANP] IPO Grade 4+ (Assigned) 2017-01-03
123 SBI Nepal SBI Bank Limited IPO NPR 65.8 Million [ICRANP] IPO Grade 2 (Assigned) 2016-12-23
124 SIL Siddhartha Insurance Limited Rights Issue NPR 86.2125 million [ICRANP] IPO Grade 3+ (Assigned) 2016-12-23
125 MBL Machhapuchchhre Bank Limited Subordinated Bonds NRP 500 million [ICRANP] LBBB- * (Rating Withdrawn) 2016-11-30
126 NBB Nepal Bangladesh Bank Limited Subordinated Debenture Programme NRP 500 million [ICRANP] LBBB- * (Rating Withdrawn) 2016-11-30
127 LAXMICAP Laxmi Capital Market Limited Company NA [ICRANP] IR BBB rating (reaffirmed) 2016-11-30
128 LAXMICAP Laxmi Capital Market Limited Company NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2016-11-30
129 FOWAD Forward Community Microfinance Bittiya Sanstha Limited IPO NPR 60 Million [ICRANP] IPO Grade 4 + (Assigned) 2016-11-09
130 NIL Neco Insurance Company Limited Rights Issue NPR 324.04 million [ICRANP] IPO Grade 3 (Assigned) 2016-11-06
131 SKDBL Saptakoshi Development Bank Limited Rights Issue NPR 100 Million [ICRANP] IPO Grade 4 (Assigned) 2016-10-19
132 NIBLC NIBL Capital Markets Limited Company NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2016-10-16
133 PCBL Prime Commercial Bank Limited Rights Issue NPR 1,235.0874 Million [ICR ANP] IPO Grade 3 (Assigned) 2016-09-12
134 NMBMF NMB Microfinance Bittiya Sanstha Limited Rights Issue NPR 55.20 Million [ICRANP] IPO Grade 4 (Assigned) 2016-09-07
135 LFC Lalitpur Finance Limited Rights Issue NPR 187.9453 Million [ICRANP] IPO Grade 5 (Assigned) 2016-09-01
136 NMB NMB Bank Limited Subordinated Bonds NPR 500 Million [ICRANP - IR ] BBB+ rating (upgraded) and [ICRANP] LBBB+ rating ( upgraded ) 2016-09-01
137 HPPL Himalayan Power Partner Limited IPO NPR. 319.6251 Million [ICRANP] IPO Grade 4+ 2016-08-24
138 AANKHU Aankhu Khola Hydropower Company Limited IPO NPR. 200 million [ICRANP] IPO Grade 5 (Assigned) 2016-07-25
139 RADHI Radhi Bidyut Company Limited IPO NPR.102 .5 million [ICRANP] IPO Grade 3 (Assigned) 2016-07-18
140 SPDL Synergy Power Development Limited IPO NPR. 280 million [ICRANP] IPO Grade 4 2016-06-22
141 UMHL United Modi Hydropower Limited IPO NPR 2 87.50 million [ICRANP] IPO Grade 3 2016-06-22
142 API Api Power Company Limited Rights Issue NPR 2,000 million [ICRANP] IPO Grade 4 2016-06-20
143 KDBL Kasthamandap Development Bank Limited Rights Issue NPR.169.9742 Million [ICRANP] IPO Grade 4 2016-06-20
144 MSBBL Manaslu Bikas Bank Limited Rights Issue NPR.91.76475 Million [ICRANP] IPO Grade 4 + 2016-06-14
145 IGI IME General Insurance Limited Rights Issue NPR.120 million [ICRANP] IPO Grade 4 2016-06-02
146 RHPC Ridi Hydropower Development Company Limited Rights Issue NPR 115.50 million [ICRANP] IPO Grade 4 + 2016-05-15
147 DHPL Dibyashwari Hydropower Company Limited IPO NPR 66 million [ICRANP] IPO Grade 4 2016-05-05
148 UFL United Finance Limited Rights Issue NPR 115.9837 Million [ICRANP] IPO Grade 4 2016-05-05
149 NHDL Nepal Hydro Developer Limited IPO NPR 65 million [ICRANP] IPO Grade 4 2016-05-05
150 SINDU Sindhu Bikas Bank Limited Rights Issue NPR 120.937 5 Million [ICRANP] IPO Grade 4 2016-05-04
151 NICA NIC Asia Bank Limited Rights Issue N P R 923 . 75 4 M illion [ICRANP] IPO Grade 3 2016-04-26
152 NICA NIC Asia Bank Limited Subordinated Bonds NPR 500 M illion [ICRANP] LA - 2016-04-26
153 AKPL Arun Kabeli Power Limited IPO NPR 450 million [ICRANP] IPO Grade 4+ 2016-04-01
154 CZBIL Citizens Bank International Limited Rights Share Issue NPR 1,711.82 Million [ICRANP] IPO Grade 3 2016-03-01
155 CZBIL Citizens Bank International Limited Subordinated Bond Program NPR 500 Million [ICRANP] LBBB 2016-03-01
156 SLICL Surya Life Insurance Company Limited Rights Shares issue NPR 125 million [ICRANP] IPO Grade 4 2016-03-01
157 CSDBL Cosmos Development Bank Limited Rights Issue NPR 50.31 25 Million [ICRANP] IPO Grade 4 2016-03-01
158 TNBL Tinau Development Bank Limited Rights Share Issue NPR 54.62 million [ICRANP] IPO Grade 4 2016-01-01
159 NCDB Nepal Community Development Bank Limited Rights Share Issue NPR 100 million [ICRANP] IPO Grade 4 2016-01-01
160 ALDBL Alpine Development Bank Limited Rights Share Issue NPR 82 Million [ICRANP] IPO Grade 5 2016-01-01
161 RSDC RSDC Laghubitta Bittiya Sanstha Limited IPO NPR 40 million [ICRANP] IPO Grade 4 2016-01-01
162 SUBBL Subhechha Bikas Bank Limited Rights Share Issue NPR 50.09 million [ICRANP] IPO Grade 4 2015-12-01
163 NIB Nepal Investment Bank Limited Subordinated Bond Program NPR 750 Million [ICRANP-IR] A@ 2015-12-01
164 NIB Nepal Investment Bank Limited Further Public Offer (Equity) NPR 5,341.42 Million [ICRANP] IPO Grade 3+ 2015-12-01
165 EDBL Excel Development Bank Limited Rights Share Issue NPR 52.5 million [ICRANP] IPO Grade 4+ 2015-11-01
166 GDBL Gandaki Bikas Bank Limited Rights Share Issue NPR 105.60 million [ICRANP] IPO Grade 4+ 2015-11-01
167 SADBL Shangrila Development Bank Limited Rights Share Issue NPR 184 million [ICRANP] IPO Grade 4+ 2015-11-01
168 GRDBL Green Development Bank Limited IPO (equity) NPR 45 million [ICRANP] IPO Grade 4 2015-11-01
169 MERO Mero Microfinance Bittiya Sanstha Limited IPO NRs.61.2 ICRANP IPO Grade 4 2015-10-01
170 SRBL Sunrise Bank Limited Rights Issue NPR 369.047 Million IPO Grade 3 2015-10-01
171 KRBL Karnali Development Bank Limited Rights Share Issue NPR 40 million [ICRANP] IPO Grade 4 2015-10-01
172 INDB Innovative Development Bank Limited Rights Share Issue NPR 100 million [ICRANP] IPO Grade 4 2015-10-01
173 HIDCL Jalvidhyut Lagani Tatha Bikas Company Limited IPO Nrs. 2000 million ICRANP IPO Grade 3 2015-09-01
174 GBIME Global IME Bank Limited Company [ICRANP-IR] A-@ 2015-09-01
175 KKHC Khani Khola Hydropower Company Limited IPO NRs. 139.71 ICRANP IPO Grade 4+ 2015-09-01
176 PRVU Prabhu Bank Limited IPO NRs. 641.78 ICRANP IPO Grade 4 2015-09-01
177 NGPL Ngadi Group Power Limited IPO NRs. 146.0605 ICRANP IPO Grade 4+ 2015-09-01
178 SICL Shikhar Insurance Company Limited Further Public Offer (Equity) NPR 332.14 million [ICRANP] IPO Grade 3+ 2015-09-01
179 ICFC ICFC Finance Limited Right issue NRs. 213.48 million ICRANP IPO Grade 4 2015-08-01
180 SKBBL Sana Kisan Laghubitta Bittiya Sanstha Limited Right issue NRs. 115.34 million ICRANP IPO Grade 4+ 2015-08-01
181 KADBL Kanchan Development Bank Limited Right issue NRs. 33 million ICRANP IPO Grade 4 2015-08-01
182 MIDBL Mission Development Bank Limited Right issue NRs. 57.5 million ICRANP IPO Grade 4 2015-08-01
183 SFFIL Srijana Finance Limited Right issue NRs. 67.2 million ICRANP IPO Grade 4 2015-08-01
184 CCBL Century Commercial Bank Limited Right issue NRs. 530 million ICRANP IPO Grade 4+ 2015-08-01
185 RLFL Reliance Finance Limited FPO NRs.51.4286 ICRANP IPO 5 2015-08-01
186 HBL Himalayan Bank Limited Subordinated Bond Program NPR 500 million [ICRANP] LA@ 2015-08-01
187 HBL Himalayan Bank Limited Subordinated Bond Program NPR 750 million [ICRANP] LA@ 2015-08-01
188 KFL Kathmandu Finance Limited. Rights Issue NRs.183.78 million ICRANP IPO 5 2015-07-01
189 NBB Nepal Bangladesh Bank Limited Subordinated Bonds NRs. 500 million ICRANP LBBB- 2015-07-01
190 BOK Bank of Kathmandu (former) Subordinated Bonds NRs. 600 million ICRANP LBBB 2015-07-01
191 EBL Everest Bank Limited Subordinated Bonds NRs. 600 million ICRANP LA- 2015-06-01
192 MBL Machhapuchchhre Bank Limited Rights Issue NRs. 555.25 million ICRANP IPO 4+ 2015-06-01
193 MBL Machhapuchchhre Bank Limited Subordinated Bonds NRs. 500 million ICRANP LBBB- 2015-06-01
194 SANIMA Sanima Bank Limited Subordinated Bonds NRs. 700 million ICRANP LBBB+ 2015-03-01
195 PICL Prudential Insurance Company Limited Rights issue NRs. 54 million ICRANP IPO Grade 3 2015-03-01
196 CBBL Chhimek Laghubitta Bittiya Sanstha Limited Rights issue NRs. 105.05 million ICRANP IPO Grade 3+ 2015-02-01
197 SAJHA Sajha Bikas Bank Limited IPO NRs. 49 million ICRANP IPO Grade 4 2015-02-01
198 PIC Premier Insurance Company Limited Rights issue NRs. 134.89 million ICRANP IPO Grade 3 2015-01-01
199 LBL Laxmi Bank Limited Rights issue NRs. 701.36 million ICRANP IPO Grade 3+ 2015-01-01
200 NICA NIC Asia Bank Limited Subordinated Bonds NRs. 500 million ICRANP LA- 2014-12-01
201 CZBIL Citizens Bank International Limited Subordinated Bonds NRs. 500 million ICRANP LBBB 2014-12-01
202 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited Rights issue NRs. 100 million ICRANP IPO Grade 3 2014-12-01
203 UIC United Insurance Company (Nepal) Limited Rights issue NRs. 151.2 million ICRANP IPO Grade 3 2014-12-01
204 GBBL Garima Bikas Bank Limited Rights issue NRs. 112.2 million ICRANP IPO Grade 3 2014-12-01
205 NIL Neco Insurance Company Limited Rights issue NRs. 114.78 million ICRANP IPO Grade 3 2014-12-01
206 API Api Power Company Limited IPO NRs. 400 million ICRANP IPO Grade 3 2014-11-01
207 BARUN Barun Hydropower Company Limited IPO NRs. 48.6 million ICRANP IPO Grade 4 2014-11-01
208 BBBL Bhrikuti Vikash Bank Limited Rights issue NRs. 141.27 million ICRANP IPO Grade 3 2014-11-01
209 SRBL Sunrise Bank Limited Rights issue NRs. 223.665 million ICRANP IPO Grade 3 2014-11-01
210 SBL Siddhartha Bank Limited Subordinated Debentures NRs. 500 million ICRANP LBBB 2014-10-01
211 LAXMICAP Laxmi Capital Market Limited Company ICRANP AMC Quality 3 2014-09-01
212 LBL Laxmi Bank Limited Company ICRANP IR BBB 2014-09-01
213 RBBBL Raptibheri Bikas Bank Limited IPO NRs. 50 million ICRANP IPO Grade 4 2014-09-01
214 MNBBL Muktinath Bikas Bank Limited Rights issue NRs. 91.88 million ICRANP IPO Grade 3+ 2014-08-01
215 CLBSL Civil Laghubitta Bittiya Sanstha Limited IPO NRs. 40 million ICRANP IPO Grade 4 2014-08-01
216 TNBL Tinau Development Bank Limited Rights issue NRs. 32.2 million ICRANP IPO Grade 4 2014-07-01
217 CDBL City Development Bank Limited Rights issue NRs. 92.4 million ICRANP IPO Grade 3 2014-07-01
218 SEWA Sewa Bikas Bank Limited Rights issue NRs. 51.52 million ICRANP IPO Grade 4+ 2014-07-01
219 HAMRO Hamro Bikas Bank Limited Rights issue NRs. 42.07 million ICRANP IPO Grade 4 2014-07-01
220 PROFL Progressive Finance Limited Rights issue NRs. 90 million ICRANP IPO Grade 5 2014-07-01
221 NIBLC NIBL Capital Markets Limited Company ICRANP AMC Quality 3 2014-06-01
222 NMB NMB Bank Limited Subordinated Debenture Programme NRs. 500 million ICRANP L BBB 2014-06-01
223 NIB Nepal Investment Bank Limited Subordinated Debenture Programme NRs. 750 million ICRANP LA 2014-06-01
224 NMBCAP NMB Capital Limited Company ICRANP AMC Quality 3 2014-06-01
225 SBL Siddhartha Bank Limited Company ICRANP IR BBB 2014-04-01
226 SIDCL Siddhartha Capital Limited Company ICRANP AMC Quality 3 2014-04-01
227 KCDBL Kalinchowk Development Bank Limited IPO NRs. 49 Million ICRANP IPO Grade 4 2014-04-01
228 EKBL Ekata Bikash Bank Limited IPO NRs. 80 million ICRANP IPO Grade 4 2014-04-01
229 SBI Nepal SBI Bank Limited Subordinated Bonds NRs. 200 Million ICRANP LAA 2014-03-01
230 GBIME Global IME Bank Limited Company ICRANP IR A- 2014-03-01
231 SHINE Shine Resunga Development Bank Limited Rights issue NRs. 191.91 Million ICRANP IPO Grade 3 2014-03-01
232 BFCL Bhaktapur Finance Company Limited IPO NRs. 75 Million ICRANP IPO Grade 5 2014-03-01
233 AHPC Arun Valley Hydropower Development Company Limited Rights issue NRs. 350.493 million ICRANP IPO Grade 3 2013-12-01
234 RHPC Ridi Hydropower Development Company Limited IPO NRs. 117 Million ICRANP IPO Grade 3 2013-12-01
235 NICL Nepal Insurance Company Limited Rights issue NRs. 131.9016 million ICRANP IPO Grade 3 2013-12-01
236 CCBL Century Commercial Bank Limited IPO NRs. 920 Million ICRANP IPO Grade 4+ 2013-11-01
237 METRO Metro Development Bank Limited Rights issue NRs. 37.1 Million ICRANP IPO Grade 4 2013-10-01
238 TBBL Triveni Bikas Bank Limited Rights issue NRs. 74.5 Million ICRANP IPO Grade 4+ 2013-08-01
239 SHPC Sanima Mai Hydropower Limited IPO NRs. 211 million ICRANP IPO Grade 3 2013-07-01
240 RMDC RMDC Laghubitta Bittiya Sanstha Limited IPO NRs. 152.88 million ICRANP IPO Grade 3+ 2013-06-01
241 MBBL Mahakali Bikas Bank Limited Rights issue NRs. 80 million ICRANP IPO Grade 4 2013-06-01
242 HBL Himalayan Bank Limited Subordinated Bonds NRs. 750 million ICRANP LA 2013-05-01
243 LICN Life Insurance Corporation Nepal Limited Rights issue NRs. 101.25 million ICRANP IPO Grade 2 2013-05-01
244 MSBBL Manaslu Bikas Bank Limited IPO NRs. 36 million ICRANP IPO Grade 4 2013-05-01
245 NICB Nepal Industrial & Company Bank Limited Subordinated Bonds NRs. 500 million ICRANP LA- 2013-05-01
246 SKBBL Sana Kisan Laghubitta Bittiya Sanstha Limited IPO NRs. 58.2 million ICRANP IPO Grade 3 2013-05-01
247 CZBIL Citizens Bank International Limited Subordinated Bonds NRs. 500 million ICRANP LBBB 2013-05-01
248 NIB Nepal Investment Bank Limited Company ICRANP-IR A 2013-04-01
249 NCCB Nepal Credit & Commerce Bank Limited Rights shares (Equity) NPR 2,339.5291 million [ICRANP] IPO Grade 4 (Assigned) 0000-00-00
S.No Symbol Company Name Product Offering Grade Published Date
1 PPCL Panchthar Power Company Limited Initial Public Offer (IPO) NPR 192.50 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-07-25
2 EIC Everest Insurance Company Limited Rights Share Issue NPR 962.28 Millions CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-07-25
3 NICA NIC Asia Bank Limited Subordinated Bond “11% NIC Asia Bank Bond 2082/83” NPR 1830 Million CARE-NP A [Single A] (Assigned) 2018-07-25
4 MSLB Mahuli Samudayak Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 30.00 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-07-25
5 NBL Nepal Bank Limited Further Public Offer (FPO) 4951.76024 Million CARE-NP IPO Grade 3+ [IPO Grade Three Plus] (Assigned and Reaffirmed) 2018-06-24
6 HATH Hathway Finance Company Limited Rights Share Issue 540.00 Million CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2018-06-24
7 UIC United Insurance Company (Nepal) Limited Rights Share Issue 725.76 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-06-20
8 GRHPL Greenlife Hydropower Limited Initial Public Offer 360.00 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-06-15
9 MBKHCL Madhya Bhotekoshi Hydropower Company Limited Initial Public Offer (IPO) 1440 Million CARE-NP IPO Grade 4+ [IPO Grade Four Plus] (Assigned) 2018-06-12
10 CEFL City Express Finance Limited (former Kuber Merchant Finance) Rights Share Issue 250 Million CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2018-05-28
11 SRBL Sunrise Bank Limited Issuer Rating NA CARE-NP A- (Is) [Single A Minus (Issuer Rating)] (Assigned) 2018-05-25
12 NICA NIC Asia Bank Limited Issuer Rating CARE-NP A (Is) [Single A (Issuer)] (Assigned) 2018-03-29
13 JEFL Jebils Finance Limited Rights Share Issue 231.165 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-03-18
14 PROFL Progressive Finance Limited Rights Share Issue 590.1 Million CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2018-02-28
15 MFIL Manjushree Finance Limited Rights Share Issue 36.219 million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-02-22
16 PRIN Prabhu Insurance Company Limited Rights Share Issue 316.6679 million CARE-NP IPO Grade 3 [IPO Grade Three] (Assigned) 2018-01-31
17 SDESI Swadeshi Laghubitta Bittiya Sanstha Limited Rights Share Issue 115 million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2017-12-31