Credit Rating

S.No Symbol Company Name Product Offering Grade Published Date
1 RJPL Ru Ru Jalvidut Pariyojana Limited IPO (equity) Grading 89.695 Millions [ICRANP] IPO Grade 3; assigned 2020-08-24
2 MEGA Mega Bank Nepal Limited Issuer Rating N.A. [ICRANP-IR] BBB+; assigned 2020-08-17
3 UIMRBHL United Idi-Mardi and R.B. Hydropower Limited Issuer Rating NA CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned 2020-08-03
4 RJPL Ru Ru Jalvidut Pariyojana Limited Issuer Rating NA [ICRANP-IR] BBB; Assigned 2020-07-27
5 SIDCL Siddhartha Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+; reaffirmed 2020-07-27
6 NBB Nepal Bangladesh Bank Limited Issuer Rating NA [ICRANP-IR] BBB+; reaffirmed 2020-07-27
7 NBB Nepal Bangladesh Bank Limited Subordinated Debenture Programme NPR 2000 Million [ICRANP] LBBB+; reaffirmed 2020-07-27
8 SICL Shikhar Insurance Company Limited Issuer Rating NA [ICRANP-IR] A (assigned) 2020-05-15
9 GBIME Global IME Bank Limited Subordinated Debenture Programme NPR 3,000 million [ICRANP] LA-; assigned 2020-05-11
10 GBIME Global IME Bank Limited Issuer Rating NA [ICRANP-IR] A-; reaffirmed 2020-05-11
11 GBIME Global IME Bank Limited Subordinated Debenture Programme NPR 1500 Million [ICRANP] LA-; reaffirmed 2020-05-11
12 NMB NMB Bank Limited Issuer Rating NA [ICRANP-IR] A-; reaffirmed 2020-04-27
13 NMB NMB Bank Limited Subordinated debentures (7% NMB Debenture 2077) NPR 500 million [ICRANP] LA-; reaffirmed 2020-04-27
14 NMB NMB Bank Limited Subordinated debentures (10% NMB Debenture 2085) NPR 1,684.505 million [ICRANP] LA-; reaffirmed 2020-04-27
15 HBL Himalayan Bank Limited Subordinated Bond Programme [ICRANP] LA; reaffirmed NPR 600 million 2020-04-27
16 NBL Nepal Bank Limited Issuer Rating NA [ICRANP-IR] A; Assigned 2020-03-30
17 NBL Nepal Bank Limited Subordinated Debenture Programme NPR 2,500 million [ICRANP] LA; Assigned 2020-03-30
18 NFS Nepal Finance Limited Issuer Rating NA [ICRANP-IR] C (assigned) 2020-03-05
19 NFS Nepal Finance Limited Rights issue (equity shares) NPR 169.751 million IPO Grade 5; assigned 2020-03-02
20 BHDCL Bindhyabasini Hydropower Development Company Limited Initial Public Offer NPR 250 Million CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned 2020-02-19
21 NICACL NIC Asia Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed 2020-02-17
22 10PRVU84 10% Prabhu Bank Debenture 2084 Subordinated Debenture (Prabhu Bank Debenture 2084) NPR 2000 Million CARE-NP BBB [Triple B] Assigned 2020-02-14
23 API Api Power Company Limited Rights Issue Grading NPR 567 Million [ICRANP] IPO Grade 4; assigned 2020-02-11
24 SDLBSL Sadhana Laghubitta Bittiya Sanstha Limited Initial Public Offerings NPR 70.78 Million [ICRANP] IPO Grade 4+; assigned 2020-02-11
25 BOKL Bank of Kathmandu Limited Subordinated Debenture Programme NPR 1,600 million [ICRANP] LBBB+ (Assigned) 2020-02-07
26 BOKL Bank of Kathmandu Limited Issuer rating NA [ICRANP-IR] BBB+ (Reaffirmed) 2020-02-07
27 BOKL Bank of Kathmandu Limited Subordinated Debenture Programme NPR 600 million [ICRANP] LBBB+ (Reaffirmed) 2020-02-07
28 GBIMEL Global IME Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed 2020-02-04
29 LAXMICAP Laxmi Capital Market Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed 2020-02-04
30 NIB Nepal Investment Bank Limited Issuer rating NA [ICRANP-IR] A; downgraded from [ICRANP-IR] A+ 2020-02-03
31 NIB Nepal Investment Bank Limited Subordinated Debenture Programmes NPR 2,750 million [ICRANP] LA; downgraded from [ICRANP] LA+ 2020-02-03
32 AIL Ajod Insurance Limited Initial Public Offer NPR 300 million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2020-01-31
33 NCCB Nepal Credit & Commerce Bank Limited Issuer Rating NA [ICRANP-IR] BBB (assigned) 2020-01-27
34 NCCB Nepal Credit & Commerce Bank Limited Subordinated Debenture Programme NPR 3,000 million [ICRANP] LBBB (assigned) 2020-01-27
35 NIBLACE NIBL Ace Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed 2020-01-27
36 CLBSL Civil Laghubitta Bittiya Sanstha Limited Right Share Issue NPR 114.114 Million CARE-NP IPO Grade 4 [IPO Grade Four] Assigne 2020-01-20
37 PRLIL Prabhu Life Insurance Limited Initial Public Offerings NPR 600 Million [ICRANP] IPO Grade 4; assigned 2020-01-20
38 ADBL Agricultural Development Bank Limited Issuer Rating NA [ICRANP-IR] A 2020-01-17
39 ADBL Agricultural Development Bank Limited Subordinated Debenture Programme NPR 2500 million [ICRANP] LA (reaffirmed) 2020-01-17
40 1025EBLD83 10.25% Everest Bank Limited Debenture 2083 Subordinated Debenture “10.25% Subordinated Debenture Program” NPR 1000 Million CARE-NP AA- [Double A Minus] Assigned 2020-01-13
41 RLI Reliance Life Insurance Limited Initial Public Offerings NPR 630.00 Million [ICRANP] IPO Grade 4; assigned 2020-01-07
42 SICL Shikhar Insurance Company Limited Rights Issue (Equity shares) NPR 317.193 million [ICRANP] IPO Grade 3+ (Assigned) 2019-12-22
43 GFCL Goodwill Finance Company Limited Issuer Rating NA [ICRANP-IR] BB; Assigned 2019-12-22
44 GFCL Goodwill Finance Company Limited Subordinated Debenture Programme NPR 250 Million [ICRANP] LBB; Reaffirmed 2019-12-22
45 NABILINV Nabil Investment Banking Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+); Reaffirmed 2019-12-22
46 ADBL Agricultural Development Bank Limited Subordinated Debenture Programme NPR 2,500 million [ICRANP] LA (assigned) 2019-11-25
47 SANIMA Sanima Bank Limited Subordinated Debenture Programme NPR 4,000 million [ICRANP] LA (assigned) 2019-11-25
48 SANIMA Sanima Bank Limited Issuer Rating NA [ICRANP-IR] A (upgraded) 2019-11-25
49 SANIMA Sanima Bank Limited Subordinated Debenture Programme NPR 370 Million [ICRANP] LA (upgraded) 2019-11-25
50 SANIMA Sanima Bank Limited Subordinated Debenture Programme NPR 1,355 Million [ICRANP] LA (upgraded) 2019-11-25
51 GFCL Goodwill Finance Company Limited Subordinated Debenture Programme NPR 250 Million [ICRANP] LBB; Assigned 2019-11-19
52 CZBIL Citizens Bank International Limited Issuer Rating NA [ICRANP-IR] BBB+ (Reaffirmed) 2019-11-04
53 CZBIL Citizens Bank International Limited Subordinated Debenture Programme (Citizens Bank Bond 2085) NPR 2,500 Million [ICRANP] LBBB+ (Reaffirmed)1 2019-11-04
54 CZBIL Citizens Bank International Limited Subordinated Debenture Programme NPR 500 Million [ICRANP] LBBB+ (Reaffirmed) 2019-11-04
55 SBI Nepal SBI Bank Limited Subordinated Debenture Programme (fresh) NPR 2,500 million [ICRANP] LAA (Assigned) 2019-09-30
56 SBI Nepal SBI Bank Limited Subordinated Debenture Programme (existing) NPR 200 Million [ICRANP] LAA (Reaffirmed) 2019-09-30
57 SBI Nepal SBI Bank Limited Issuer Rating NA [ICRANP-IR] AA (Reaffirmed) 2019-09-30
58 PICL Prudential Insurance Company Limited Rights Issue (equity shares) NPR 384.912 million [ICRANP] IPO Grade 4+ (Assigned) 2019-09-27
59 GLICL Gurans Life Insurance Company Limited Rights Issue (Equity) NPR 938.52 million [ICRANP] IPO Grade 4+ (Assigned) 2019-09-27
60 SFFIL Srijana Finance Limited Rights Share Issue (equity) Grading NPR 276.4692 Million [ICRANP] IPO Grade 4+; Assigned 2019-09-26
61 SCB Standard Chartered Bank Nepal Limited Issuer Rating NA [ICRANP-IR] AAA (Assigned) 2019-09-23
62 KBL Kumari Bank Limited Issuer Rating NA [ICRANP-IR] BBB+ (Assigned) 2019-09-19
63 KBL Kumari Bank Limited Subordinated Debenture Programme NPR 3,000 Million [ICRANP] LBBB+ (Assigned) 2019-09-19
64 BOKL Bank of Kathmandu Limited Issuer Rating NA [ICRANP-IR] BBB+ (assigned) 2019-09-10
65 BOKL Bank of Kathmandu Limited Subordinated Debenture Program NPR 600 million [ICRANP] LBBB+ (reaffirmed) 2019-09-10
66 TPCL Terhathum Power Company Limited IPO (equity) Grading NPR 120 Million [ICRANP] IPO Grade 4+; assigned 2019-09-08
67 NMBMF NMB Laghubitta Bittiya Sanstha Limited Rights Share Issue (equity) Grading NPR 243.01 Million [ICRANP] IPO Grade 4 (Assigned) 2019-08-14
68 LGIL Lumbini General Insurance Limited Rights Issue (Equity shares) NPR 176 million [ICRANP] IPO Grade 3 (Assigned) 2019-08-05
69 HIDCL Hydroelectricity Investment and Development Company Limited Rights Issue (equity shares) NPR 11,000 Million [ICRANP] IPO Grade 4+; Assigned 2019-07-31
70 BAHL Balephi Hydropower Limited IPO (equity) Grading NPR 365.594 Million [ICRANP] IPO Grade 4+; assigned 2019-07-29
71 NIB Nepal Investment Bank Limited Issuer Rating NA [ICRANP-IR] A+; under watch with negative implications 2019-07-25
72 NIB Nepal Investment Bank Limited Subordinated Debenture Programmes NPR 2,750 Million [ICRANP] LA+; under watch with negative implications 2019-07-25
73 NMBCAP NMB Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+); Reaffirmed 2019-07-23
74 HHL Himalayan Hydropower Limited IPO (equity) Grading NPR 225 Million [ICRANP] IPO Grade 4 (Assigned) 2019-07-16
75 NLG NLG Insurance Company Limited Rights Issue (Equity shares) NPR 384.20 million [ICRANP] IPO Grade 3 (Assigned) 2019-07-10
76 NRIC Nepal Reinsurance Company Limited Rights issue (Equity) NPR 1,600 million [ICRANP] IPO Grade 2 (Assigned) 2019-06-30
77 BBHCL Buddha Bhumi Nepal Hydropower Company Limited IPO (equity) Grading NPR 120 Million [ICRANP] IPO Grade 4+ (Assigned) 2019-06-18
78 MBL Machhapuchchhre Bank Limited Issuer Rating NA [ICRANP-IR] A- (assigned) 2019-06-14
79 MBL Machhapuchchhre Bank Limited Subordinated Debenture Programme NPR 3,000 million [ICRANP] LA- (reaffirmed) 2019-06-14
80 MNBBL Muktinath Bikas Bank Limited Rights Issue (equity shares) ~NPR 613 Million [ICRANP] IPO Grade 3; Assigned 2019-06-12
81 PRVU Prabhu Bank Limited Issuer Rating NA [ICRANP-IR] BBB (Assigned) 2019-06-07
82 PRVU Prabhu Bank Limited Subordinated Debenture Programme NPR 1,000 Million [ICRANP] LBBB (Assigned) 2019-06-07
83 SBL Siddhartha Bank Limited Subordinated Debenture Programme NPR 2,500 million [ICRANP] LA- (assigned) 2019-06-05
84 SBL Siddhartha Bank Limited Subordinated Debenture Programme NPR 2,162.56 million1 [ICRANP] LA- (upgraded) 2019-06-05
85 SBL Siddhartha Bank Limited Issuer Rating NA [ICRANP-IR] A- (upgraded) 2019-06-05
86 SBL Siddhartha Bank Limited Subordinated Debenture Programme NPR 500 million [ICRANP] LA- (upgraded) 2019-06-05
87 SIDCL Siddhartha Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (Reaffirmed) 2019-05-26
88 dordi Dordi Khola Hydropower Company Limited IPO (equity) Grading NPR 549.6696 million [ICRANP] IPO Grade 4 (Assigned) 2019-05-26
89 GILB Global IME Laghubitta Bittiya Sanstha Limited Rights Share Issue (equity) Grading NPR 110.4575 Million [ICRANP] IPO Grade 4+ (Assigned) 2019-05-23
90 LBL Laxmi Bank Limited Subordinated Debenture Programme NPR 2,000 Million [ICRANP] LBBB+ (Assigned) 2019-05-17
91 LBL Laxmi Bank Limited Issuer Rating NA [ICRANP-IR] BBB+ (Reaffirmed) 2019-05-17
92 NBB Nepal Bangladesh Bank Limited Issuer Rating NA [ICRANP-IR] BBB+ (Assigned) 2019-05-17
93 NBB Nepal Bangladesh Bank Limited Subordinated Debenture Programme NPR 2,000 Million [ICRANP] LBBB+ (Assigned) 2019-05-17
94 NABIL Nabil Bank Limited Subordinated Debenture Program NPR 2,000 million [ICRANP] LAA- (assigned) 2019-05-07
95 NABIL Nabil Bank Limited Issuer Rating NA [ICRANP-IR] AA- (reaffirmed) 2019-05-07
96 WOMI Womi Laghubitta Bittiya Sanstha Limited Rights Share Issue (equity) Grading NPR 101.088 Million [ICRANP] IPO Grade 4+ (Assigned) 2019-04-18
97 MBL Machhapuchchhre Bank Limited Subordinated Debenture Program NPR 3,000 million [ICRANP] LA- (assigned) 2019-04-18
98 SABSL Sabaiko Laghubitta Bittiya Sanstha Limited IPO (equity) Grading NPR 53 Million [ICRANP] IPO Grade 4 (Assigned) 2019-04-01
99 AKBSL Adhikhola Laghubitta Bittiya Sanstha Limited IPO (equity) Grading NPR 40 Million [ICRANP] IPO Grade 4 (Assigned) 2019-04-01
100 LEC Liberty Energy Company Limited IPO (equity) Grading NPR 375 million [ICRANP] IPO Grade 4 (Assigned) 2019-03-31
101 MAILUNG Mailung Khola Jal Vidhyut Company Limited IPO (equity) Grading NPR 73.63 million [ICRANP] IPO Grade 5 (Assigned) 2019-03-17
102 NICL Nepal Insurance Company Limited Rights Issue (Equity shares) NPR 401.46515823 million [ICRANP] IPO Grade 4+ (Assigned) 2019-03-06
103 GBLBS Grameen Bikas Laghubitta Bittiya Sanstha Limited Rights Share Issue (equity) Grading NPR 327.5 Million [ICRANP] IPO Grade 4 (Assigned) 2019-02-26
104 MHNL Mountain Hydro Nepal Limited IPO (equity) Grading NPR 181.611 million [ICRANP] IPO Grade 4 (Assigned) 2019-02-25
105 GBIME Global IME Bank Limited Subordinated Debenture Programme NPR 1,500 million [ICRANP] LA- (Assigned) 2019-02-22
106 GBIME Global IME Bank Limited Issuer Rating NA [ICRANP-IR] A- (Reaffirmed) 2019-02-22
107 GLICL Gurans Life Insurance Company Limited Rights Issue (Equity) NPR 297 million [ICRANP] IPO Grade 4 (Assigned) 2019-02-15
108 NIB Nepal Investment Bank Limited Subordinated Debenture Programme (fresh) NPR 2,000 Million [ICRANP] LA+ (Assigned) 2019-02-12
109 NIB Nepal Investment Bank Limited Subordinated Debenture Programme (existing) NPR 750 Million [ICRANP] LA+ (Reaffirmed) 2019-02-12
110 NIB Nepal Investment Bank Limited Issuer Rating NA [ICRANP-IR] A+ (Reaffirmed) 2019-02-12
111 API Api Power Company Limited Rights issue (equity) NPR 2,268 million [ICRANP] IPO Grade 4 (Assigned) 2019-02-10
112 EMERGING Emerging Nepal Limited IPO (equity) Grading NPR 50 million [ICRANP] IPO Grade 4 (Assigned) 2019-02-10
113 JLBS Janasewi Laghubitta Bittiya Sanstha Limited IPO (equity) Grading NPR 46.33 Million1 [ICRANP] IPO Grade 4 (Assigned in August 2018; reaffirmed for enhanced IPO size in January 2019) 2019-02-01
114 RHPL Rasuwagadhi Hydropower Company Limited IPO (equity) Grading NPR 1,026.315 Million [ICRANP] IPO Grade 4+ (Assigned) 2019-01-29
115 NMB NMB Bank Limited Subordinated Debenture Programme (fresh) NPR 3,000 million [ICRANP] LA- (assigned) 2019-01-24
116 NMB NMB Bank Limited Subordinated Debenture Programme (existing) NPR 500 million [ICRANP] LA- (reaffirmed) 2019-01-24
117 NMB NMB Bank Limited Issuer Rating NA [ICRANP-IR] A- (reaffirmed) 2019-01-24
118 SJCL Sanjen Jalavidhyut Company Limited IPO (equity) Grading NPR 547.50 Million [ICRANP] IPO Grade 4+ (Assigned) 2019-01-13
119 SHUVAM Shuvam Power Limited IPO (equity) Grading NPR 58.058 million [ICRANP] IPO Grade 5 (Assigned) 2019-01-13
120 MERO Mero Microfinance Laghubitta Bittiya Sanstha Limited Rights Share Issue (equity) Grading NPR 328.90 Million [ICRANP] IPO Grade 4+ (Assigned) 2019-01-13
121 LAXMICAP Laxmi Capital Market Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2019-01-03
122 GHL Ghalemdi Hydro Limited IPO (equity) Grading NPR 155.577 Million [ICRANP] IPO Grade 5 (Assigned) 2018-12-20
123 ULICL Union Life Insurance Company Limited IPO (Equity) grading NPR 645 million [ICRANP] IPO Grade 4+ (Assigned) 2018-12-20
124 NICACL NIC Asia Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2018-12-12
125 MPFL Multipurpose Finance Company Limited Rights Share Issue (Equity Shares) NPR 358.5264 Million [ICRANP] IPO Grade 5 (Assigned) 2018-12-12
126 EHL Eastern Hydropower Limited IPO (equity) Grading NPR 155 million [ICRANP] IPO Grade 5 (Assigned) 2018-12-11
127 BHAIRAB Bhairabkunda Hydropower Limited IPO (equity) Grading NPR 318.328 million [ICRANP] IPO Grade 5 (Assigned) 2018-11-11
128 UHYCL Unique Hydel Company Limited IPO (equity) Grading NPR 220 million [ICRANP] IPO Grade 5 (Assigned) 2018-11-01
129 CZBIL Citizens Bank International Limited Subordinated Bond Programme NPR 2,500 Million [ICRANP] LBBB+ (Assigned) 2018-11-01
130 CZBIL Citizens Bank International Limited Issuer Rating NA [ICRANP-IR] BBB+ (Reaffirmed) 2018-11-01
131 CZBIL Citizens Bank International Limited Subordinated Bond Programme NPR 500 Million [ICRANP] LBBB+ (Reaffirmed) 2018-11-01
132 SANCAP Sanima Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2018-10-30
133 RJPL Ru Ru Jalvidut Pariyojana Limited IPO (equity) Grading NPR 81.5411 Million [ICRANP] IPO Grade 4+ (Assigned) 2018-10-14
134 SBL Siddhartha Bank Limited Subordinated Debenture Program NPR 2,250 million [ICRANP] LBBB+ (assigned) 2018-09-02
135 SBL Siddhartha Bank Limited Issuer Rating NA [ICRANP-IR] BBB+ (reaffirmed) 2018-09-02
136 SBL Siddhartha Bank Limited Subordinated Debenture Program NPR 500 Million [ICRANP] LBBB+ (reaffirmed) 2018-09-02
137 LBL Laxmi Bank Limited Issuer Rating NA [ICRANP] IR BBB+ (upgraded) 2018-08-26
138 BOKL Bank of Kathmandu Limited Subordinated Bond Program NPR 600 Million [ICRANP] LBBB+ (reaffirmed) 2018-08-26
139 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
140 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
141 HBL Himalayan Bank Limited Subordinated Bond (Not issued) “HBL Bond 2079” NPR 500 Million [ICRANP] LA@ (Rating withdrawn) 2018-07-25
142 CHLBS Chautari Laghubitta Bittiya Sanstha Limited IPO (equity) Grading NPR 54 Million [ICRANP] IPO Grade 4 (Assigned) 2018-07-20
143 EBL Everest Bank Limited Subordinated Debenture Program1 NPR 600 Million [ICRANP] LA+ (upgraded)* 2018-07-18
144 CBIL CBIL Capital Limited IPO (equity) Grading NPR 30 million [ICRANP] IPO Grade 4 (Assigned) 2018-07-16
145 NIBLACE NIBL Ace Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2018-07-13
146 AKJCL Ankhukhola Hydropower Company Limited IPO (equity) Grading NPR 200 million [ICRANP] IPO Grade 5 (Assigned) 2018-07-13
147 SANIMA Sanima Bank Limited Subordinated Debenture Program NPR 370 Million1 [ICRANP] LA- (reaffirmed) 2018-07-01
148 NNLB Naya Nepal Laghubitta Bikas Bank Limited Rights Share Issue NPR 60 Million [ICRANP] IPO Grade 5 (Assigned) 2018-07-01
149 HURJA Himalaya Urja Bikas Company Limited IPO (equity) Grading NPR 247.50 million [ICRANP] IPO Grade 4 (Assigned) 2018-07-01
150 UNHPL Union Hydropower Company Limited IPO (equity) Grading NPR 366.255 million1 [ICRANP] IPO Grade 5 (Assigned) 2018-07-01
151 SHIVM 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
152 SANIMA Sanima Bank Limited Subordinated Debenture Program NPR 2,000 million [ICRANP] LA- (assigned) 2018-07-01
153 SANIMA Sanima Bank Limited Issuer Rating NA [ICRANP-IR] A- (reaffirmed) 2018-07-01
154 SFCL Samriddhi Finance Company Limited (former World Merchant Banking) Rights Share Issue NPR 363.9606 million [ICRANP] IPO Grade 5 (Assigned) 2018-06-20
155 SFFIL Srijana Finance Limited Rights Share Issue (Equity shares) NPR 240.41 Million [ICRANP] IPO Grade 4 (Assigned) 2018-06-18
156 UPCL Universal Power Company Limited IPO (equity) Grading NPR 966.161 million [ICRANP] IPO Grade 4 (Assigned) 2018-06-14
157 NIB Nepal Investment Bank Limited Subordinated Debentures Program NPR 750 Million [ICRANP] LA+ (Upgraded) 2018-06-12
158 NIB Nepal Investment Bank Limited Issuer Rating NA [ICRANP-IR] A+ (Upgraded) 2018-06-12
159 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
160 NBBL Nagbeli Laghubitta Bikash Bank Limited Rights Share Issue ~NPR 76.64 Million [ICRANP] IPO Grade 4 (Assigned) 2018-05-22
161 SLBBL Swarojgar Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 122.49976 Million [ICRANP] IPO Grade 4+ (Assigned) 2018-05-22
162 IGI IME General Insurance Limited Rights shares issue NPR 432 million [ICRANP] IPO Grade 4 (Assigned) 2018-05-04
163 GBIME Global IME Bank Limited Issuer Rating NA [ICRANP-IR] A- (Reaffirmed), “rating watch with negative implications” removed 2018-05-01
164 NABILINV Nabil Investment Banking Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (Reaffirmed) 2018-04-17
165 NMBCAP NMB Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (upgraded) 2018-04-17
166 SIL Siddhartha Insurance Limited Rights issue (Equity) NPR 224.49735 million [ICRANP] IPO Grade 3+ (Assigned) 2018-04-17
167 NADEP NADEP Laghubitta Bittiya Sanstha Limited Initial Public Offer (Equity) NPR 48 million [ICRANP] IPO Grade 4+ (Assigned) 2018-04-09
168 RSDC RSDC Laghubitta Bittiya Sanstha Limited Rights Issue (Equity) NPR 215.96 million [ICRANP] IPO Grade 4 (Assigned) 2018-04-02
169 JOSHI Joshi Hydropower Development Company Limited IPO (equity) Grading NPR 181.986 million [ICRANP] IPO Grade 5 (Assigned) 2018-03-30
170 BARUN Barun Hydropower Company Limited Rights issue (equity) NPR 255.15 million [ICRANP] IPO Grade 4 (Assigned) 2018-03-23
171 MMFDB Mirmire Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 45 Million [ICRANP] IPO Grade 4 (Assigned) 2018-03-18
172 GLICL Gurans Life Insurance Company Limited Rights Issue (Equity) NPR 297 million [ICRANP] IPO Grade 4 (Assigned) 2018-02-22
173 DBBL Deva Bikas Bank Limited Rights Issue (Equity shares) NPR 653.31 million [ICRANP] IPO Grade 4 (Assigned) 2018-02-16
174 SSHL Shiva Shree Hydropower Limited IPO (equity) Grading NPR 369.1 million1 [ICRANP] IPO Grade 4 (Assigned) 2018-02-12
175 SLICL Surya Life Insurance Company Limited Rights Issue (Equity) NPR 288.75 million [ICRANP] IPO Grade 4 (Assigned) 2018-02-09
176 KBL Kumari Bank Limited Rights issue (Equity) NPR 1,193.90 million [ICRANP] IPO Grade 4+ (Assigned) 2018-02-09
177 NMB NMB Bank Limited Issuer Rating NA [ICRANP IR] A (upgraded) 2018-02-04
178 NMB NMB Bank Limited Subordinated Bond Program NPR 500 Million [ICRANP] LA- (upgraded) 2018-02-04
179 SHBL Sahara Bikas Bank Limited Rights Share Issue NPR 182.49 Million [ICRANP] IPO Grade 5 (Assigned) 2018-01-29
180 UPPER Upper Tamakoshi Hydropower Limited IPO (equity) Grading NPR 2,647.50 Million [ICRANP] IPO Grade 4 (Assigned) 2018-01-29
181 SYFL Synergy Finance Limited Rights Issue (Equity shares) NPR 118.602247 million [ICRANP] IPO Grade 5 (Assigned) 2018-01-16
182 NICL Nepal Insurance Company Limited Rights Issue (Equity shares) NPR 301.98861 million [ICRANP] IPO Grade 4+ (Assigned) 2018-01-16
183 CBIL CBIL Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2018-01-11
184 KSBBL Kamana Sewa Bikas Bank Limited Rights Issue (Equity shares) NPR 309.42 million [ICRANP] IPO Grade 4+ (Assigned) 2018-01-11
185 MHNL Mountain Hydro Nepal Limited IPO (equity) Grading NPR 250 million [ICRANP] IPO Grade 4 (Assigned) 2018-01-10
186 PLIC Prime Life Insurance Company Limited Rights Issue (Equity) NPR 976.32 million [ICRANP] IPO Grade 4+ (Assigned) 2018-01-10
187 NLICL National Life Insurance Company Limited Rights Issue (Equity) NPR 993.647754 million [ICRANP] IPO Grade 3 (Assigned) 2018-01-05
188 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
189 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited Rights Issue Grading NPR 228.1313 million [ICRANP] IPO Grade 3 (Assigned) 2018-01-05
190 SBL Siddhartha Bank Limited Rights issue (Equity) NPR 682.611719 million [ICRANP] IPO Grade 3 (Assigned) 2017-12-29
191 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
192 CFCL Central Finance Limited Rights Share Issue NPR 260.33 [ICRANP] IPO Grade 5 (Assigned) 2017-12-17
193 NICA NIC Asia Bank Limited Subordinated Bond Program “NIC Asia Bond 2081/82” NPR 3,000 Million [ICRANP] LA- (Assigned) 2017-12-17
194 NICA NIC Asia Bank Limited Subordinated Bond Program “7.25% NIC Asia Bond 2077” NPR 500 Million [ICRANP] LA- (Reaffirmed) 2017-12-17
195 NICA NIC Asia Bank Limited Issuer Rating NA [ICRANP-IR] A- (Reaffirmed) 2017-12-17
196 GHL Ghalemdi Hydro Limited IPO (equity) Grading NPR 165 million [ICRANP] IPO Grade 4 (Assigned) 2017-12-14
197 ALICL Asian Life Insurance Company Limited Rights Issue (Equity) NPR 402.79662 million [ICRANP] IPO Grade 4+ (Assigned) 2017-12-05
198 LBBL Lumbini Bikas Bank Limited Rights Issue (Equity) NPR 200.89 million [ICRANP] IPO Grade 4 (Assigned) 2017-12-05
199 NIL Neco Insurance Company Limited Rights Issue (Equity shares) NPR 392.0925 million [ICRANP] IPO Grade 3 (Assigned) 2017-11-29
200 SSHL Shiva Shree Hydropower Limited IPO (equity) Grading NPR 350 million [ICRANP] IPO Grade 4 (Assigned) 2017-11-29
201 PFL Pokhara Finance Limited Rights Issue (Equity Shares) NPR 98.37 Million [ICRANP] IPO Grade 4 (Assigned) 2017-11-10
202 SADBL Shangrila Development Bank Limited Rights Issue (Equity shares) NPR 1,086.78 million [ICRANP] IPO Grade 3 (Assigned) 2017-11-07
203 GDBL Gandaki Bikas Bank Limited Rights Issue (Equity shares) NPR 460.9816 million [ICRANP] IPO Grade 3 (Assigned) 2017-10-30
204 SBI Nepal SBI Bank Limited Issuer Rating NA [ICRANP-IR] AA (Reaffirmed) 2017-10-26
205 SBI Nepal SBI Bank Limited Subordinated Debenture Program NPR 200 Million [ICRANP] LAA (Reaffirmed) 2017-10-26
206 PICL Prudential Insurance Company Limited Rights Issue Grading NPR 128.304 million [ICRANP] IPO Grade 3 (Assigned) 2017-10-23
207 KPCL Kalika Power Company Limited IPO (Equity) Grading NPR 180 million [ICRANP] IPO Grade 4 (Assigned) 2017-10-13
208 UNHPL Union Hydropower Company Limited IPO (equity) Grading NPR 250 million1 [ICRANP] IPO Grade 5 (Assigned) 2017-10-10
209 NABIL Nabil Bank Limited Issuer Rating NA [ICRANP-IR] AA- (Reaffirmed) 2017-09-22
210 API Api Power Company Limited Rights Issue (equity) NPR 2,100 million [ICRANP] IPO Grade 4 (Assigned) 2017-09-22
211 PMHPL Panchakanya Mai Hydropower Limited IPO (equity) Grading NPR 220 million [ICRANP] IPO Grade 4 (Assigned) 2017-09-22
212 AKJCL Ankhukhola Hydropower Company Limited IPO (equity) Grading NPR 200 million [ICRANP] IPO Grade 5 (Assigned) 2017-09-22
213 SRS Shree Ram Sugar Mills Limited Rights Issue (equity) NPR 890 million [ICRANP] IPO Grade 5 (Assigned) 2017-09-15
214 RADHI Radhi Bidyut Company Limited IPO (equity) Grading NPR 102.5 million* [ICRANP] IPO Grade 3 (Assigned) 2017-09-03
215 SJCL Sanjen Jalavidhyut Company Limited IPO (equity) Grading NPR 876 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-08-30
216 NHDL Nepal Hydro Developer Limited IPO (equity) Grading NPR 39 million [ICRANP] IPO Grade 4 (Assigned) 2017-08-16
217 GRDBL Green Development Bank Limited Rights Share Issue NPR 400 Million [ICRANP] IPO Grade 5 (Assigned) 2017-08-13
218 SANCAP Sanima Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Assigned) 2017-08-13
219 SMFDB Summit Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 72.50 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-08-09
220 SANIMA Sanima Bank Limited Issuer Rating NA [ICRANP-IR] A- (assigned) 2017-08-03
221 SANIMA Sanima Bank Limited Subordinated Debenture Program NPR 370 Million1 [ICRANP] LA- (upgraded)* 2017-08-03
222 RHPL Rasuwagadhi Hydropower Company Limited IPO (equity) Grading NPR 1,642.104 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-08-02
223 SBL Siddhartha Bank Limited Issuer Rating NA [ICRANP] IR BBB+ rating (upgraded) 2017-07-18
224 SBL Siddhartha Bank Limited Subordinated Debenture Program NPR 500 Million [ICRANP] LBBB+ rating (upgraded) 2017-07-18
225 SIDCL Siddhartha Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3+ (AMC 3+) (upgraded) 2017-07-17
226 LGIL Lumbini General Insurance Limited Rights Issue (Equity shares) NPR 390 million [ICRANP] IPO Grade 3 (Assigned) 2017-07-16
227 NICACL NIC Asia Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Assigned) 2017-07-16
228 GBLBS Grameen Bikas Laghubitta Bittiya Sanstha Limited Further Public Offer (Equity) NPR 97.50 million [ICRANP] IPO Grade 4 (Assigned) 2017-07-11
229 RSDC RSDC Laghubitta Bittiya Sanstha Limited Rights Issue (Equity) NPR 230 million [ICRANP] IPO Grade 4 (Assigned) 2017-07-09
230 HATH Hathway Finance Company Limited Rights Share Issue NPR 150 million [ICRANP] IPO Grade 5 (Assigned) 2017-07-07
231 PFL Pokhara Finance Limited Further Public Offer (Equity) NPR 216.41 Million [ICRANP] IPO Grade 4 (Assigned) 2017-07-06
232 BFC Best Finance Company Limited Rights Share Issue NPR 165.285 [ICRANP] IPO Grade 5 (Assigned) 2017-06-30
233 SHPC Sanima Mai Hydropower Limited Rights issue (Equity) NPR 1,055 million [ICRANP] IPO Grade 3 (Assigned) 2017-06-30
234 CZBIL Citizens Bank International Limited Issuer Rating NA [ICRANP-IR] BBB+ (Assigned) 2017-06-28
235 CZBIL Citizens Bank International Limited Subordinated Bond Program NPR 500 Million [ICRANP] LBBB+ (Upgraded) 2017-06-28
236 UHYCL Unique Hydel Company Limited IPO (equity) Grading NPR 220 million [ICRANP] IPO Grade 5 (Assigned) 2017-06-26
237 NICA NIC Asia Bank Limited Subordinated Bond Program NPR 500 Million [ICRANP] LA- (Reaffirmed), “rating watch with negative implications” removed 2017-06-22
238 SHUVAM Shuvam Power Limited IPO (equity) Grading NPR 60 million [ICRANP] IPO Grade 5 (Assigned) 2017-06-22
239 BOKL Bank of Kathmandu Limited Subordinated Bond Program “7.5% BOK Bond 2078” NPR 600 Million [ICRANP] LBBB+ rating (upgraded) 2017-06-07
240 UNHPL Union Hydropower Company Limited IPO (equity) Grading NPR 140 million [ICRANP] IPO Grade 5 (Assigned) 2017-06-04
241 SKDBL Saptakoshi Development Bank Limited Rights Share Issue NPR 274.30 Million [ICRANP] IPO Grade 4 (Assigned) 2017-05-26
242 HPPL Himalayan Power Partner Limited IPO (equity) Grading NPR 319.6251 million [ICRANP] IPO Grade 4 (Downgraded) 2017-05-23
243 HGI Himalayan General Insurance Company Limited Rights Issue (Equity shares) NPR 642 million [ICRANP] IPO Grade 3 (Assigned) 2017-05-21
244 NMBCAP NMB Capital Limited Fund Management Quality Rating (FMQR) NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2017-04-28
245 RRHP Rairang Hydropower Development Company Limited. IPO (equity) Grading NPR 140 million [ICRANP] IPO Grade 4 (Assigned) 2017-04-12
246 SLBBL Swarojgar Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 34.99 Million [ICRANP] IPO Grade 4+ (Assigned) 2017-04-12
247 SAJHA Sajha Bikas Bank Limited Rights Share Issue NPR 50 Million [ICRANP] IPO Grade 5 (Assigned) 2017-04-03
248 CHL Chhyangdi Hydropower Company Limited IPO (equity) Grading NPR 54 million [ICRANP] IPO Grade 4 (Assigned) 2017-03-29
249 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited Rights Issue Grading NPR 132.25 million [ICRANP] IPO Grade 3 (Assigned) 2017-03-22
250 IGI IME General Insurance Limited Rights shares issue NPR 270 million [ICRANP] IPO Grade 4 (Assigned) 2017-03-21
251 YETI Yeti Development Bank Limited Rights Share Issue NPR 693.1167 Million [ICRANP] IPO Grade 4 (Assigned) 2017-02-21
252 PRIN Prabhu Insurance Company Limited Rights issue (Equity) NPR 192.5078805 million [ICRANP] IPO Grade 4+ (Assigned) 2017-02-19
253 MAILUNG Mailung Khola Jal Vidhyut Company Limited IPO (equity) Grading NPR 110.44 million [ICRANP] IPO Grade 4 (Assigned) 2017-02-16
254 SCB Standard Chartered Bank Nepal Limited Further Public Offer (Equity) NPR 3,300 Million [ICRANP] IPO Grade 2+ (Assigned) 2017-02-14
255 JOSHI Joshi Hydropower Development Company Limited IPO NPR 181.90 million [ICRANP] IPO Grade 5 (Assigned) 2017-02-01
256 NLBBL Nerude Laghubitta Bittiya Sanstha Limited Rights Issue NPR 90 million [ICRANP] IPO Grade 4 (Assigned) 2017-02-01
257 MAILUNG Mailung Khola Jal Vidhyut Company Limited IPO (equity) Grading NPR 110.44 million [ICRANP] IPO Grade 4 (Assigned) 2017-02-01
258 NLIC Nepal Life Insurance Company Limited Further Public Offer (Equity) NPR 4,412.41 million [ICRANP] IPO Grade 3+ (Assigned) 2017-01-04
259 DDBL Deprosc Laghubitta Bittiya Sanstha Limited Rights Issue NPR 257.923845 million [ICRANP] IPO Grade 4+ (Assigned) 2017-01-03
260 SBI Nepal SBI Bank Limited IPO NPR 65.8 Million [ICRANP] IPO Grade 2 (Assigned) 2016-12-23
261 SIL Siddhartha Insurance Limited Rights Issue NPR 86.2125 million [ICRANP] IPO Grade 3+ (Assigned) 2016-12-23
262 MBL Machhapuchchhre Bank Limited Subordinated Bonds NRP 500 million [ICRANP] LBBB- * (Rating Withdrawn) 2016-11-30
263 NBB Nepal Bangladesh Bank Limited Subordinated Debenture Programme NRP 500 million [ICRANP] LBBB- * (Rating Withdrawn) 2016-11-30
264 LAXMICAP Laxmi Capital Market Limited Company NA [ICRANP] IR BBB rating (reaffirmed) 2016-11-30
265 LAXMICAP Laxmi Capital Market Limited Company NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2016-11-30
266 FOWAD Forward Community Microfinance Bittiya Sanstha Limited IPO NPR 60 Million [ICRANP] IPO Grade 4 + (Assigned) 2016-11-09
267 NIL Neco Insurance Company Limited Rights Issue NPR 324.04 million [ICRANP] IPO Grade 3 (Assigned) 2016-11-06
268 SKDBL Saptakoshi Development Bank Limited Rights Issue NPR 100 Million [ICRANP] IPO Grade 4 (Assigned) 2016-10-19
269 NIBLC NIBL Capital Markets Limited Company NA [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) 2016-10-16
270 PCBL Prime Commercial Bank Limited Rights Issue NPR 1,235.0874 Million [ICR ANP] IPO Grade 3 (Assigned) 2016-09-12
271 NMBMF NMB Laghubitta Bittiya Sanstha Limited Rights Issue NPR 55.20 Million [ICRANP] IPO Grade 4 (Assigned) 2016-09-07
272 LFC Lalitpur Finance Limited Rights Issue NPR 187.9453 Million [ICRANP] IPO Grade 5 (Assigned) 2016-09-01
273 NMB NMB Bank Limited Subordinated Bonds NPR 500 Million [ICRANP - IR ] BBB+ rating (upgraded) and [ICRANP] LBBB+ rating ( upgraded ) 2016-09-01
274 HPPL Himalayan Power Partner Limited IPO NPR. 319.6251 Million [ICRANP] IPO Grade 4+ 2016-08-24
275 AKJCL Ankhukhola Hydropower Company Limited IPO NPR. 200 million [ICRANP] IPO Grade 5 (Assigned) 2016-07-25
276 RADHI Radhi Bidyut Company Limited IPO NPR.102 .5 million [ICRANP] IPO Grade 3 (Assigned) 2016-07-18
277 SPDL Synergy Power Development Limited IPO NPR. 280 million [ICRANP] IPO Grade 4 2016-06-22
278 UMHL United Modi Hydropower Limited IPO NPR 2 87.50 million [ICRANP] IPO Grade 3 2016-06-22
279 API Api Power Company Limited Rights Issue NPR 2,000 million [ICRANP] IPO Grade 4 2016-06-20
280 KDBL Kasthamandap Development Bank Limited Rights Issue NPR.169.9742 Million [ICRANP] IPO Grade 4 2016-06-20
281 MSBBL Manaslu Bikas Bank Limited Rights Issue NPR.91.76475 Million [ICRANP] IPO Grade 4 + 2016-06-14
282 IGI IME General Insurance Limited Rights Issue NPR.120 million [ICRANP] IPO Grade 4 2016-06-02
283 RHPC Ridi Hydropower Development Company Limited Rights Issue NPR 115.50 million [ICRANP] IPO Grade 4 + 2016-05-15
284 DHPL Dibyashwari Hydropower Company Limited IPO NPR 66 million [ICRANP] IPO Grade 4 2016-05-05
285 UFL United Finance Limited Rights Issue NPR 115.9837 Million [ICRANP] IPO Grade 4 2016-05-05
286 NHDL Nepal Hydro Developer Limited IPO NPR 65 million [ICRANP] IPO Grade 4 2016-05-05
287 SINDU Sindhu Bikas Bank Limited Rights Issue NPR 120.937 5 Million [ICRANP] IPO Grade 4 2016-05-04
288 NICA NIC Asia Bank Limited Rights Issue N P R 923 . 75 4 M illion [ICRANP] IPO Grade 3 2016-04-26
289 NICA NIC Asia Bank Limited Subordinated Bonds NPR 500 M illion [ICRANP] LA - 2016-04-26
290 AKPL Arun Kabeli Power Limited IPO NPR 450 million [ICRANP] IPO Grade 4+ 2016-04-01
291 CZBIL Citizens Bank International Limited Rights Share Issue NPR 1,711.82 Million [ICRANP] IPO Grade 3 2016-03-01
292 CZBIL Citizens Bank International Limited Subordinated Bond Program NPR 500 Million [ICRANP] LBBB 2016-03-01
293 SLICL Surya Life Insurance Company Limited Rights Shares issue NPR 125 million [ICRANP] IPO Grade 4 2016-03-01
294 CSDBL Cosmos Development Bank Limited Rights Issue NPR 50.31 25 Million [ICRANP] IPO Grade 4 2016-03-01
295 TNBL Tinau Development Bank Limited Rights Share Issue NPR 54.62 million [ICRANP] IPO Grade 4 2016-01-01
296 NCDB Nepal Community Development Bank Limited Rights Share Issue NPR 100 million [ICRANP] IPO Grade 4 2016-01-01
297 ALDBL Alpine Development Bank Limited Rights Share Issue NPR 82 Million [ICRANP] IPO Grade 5 2016-01-01
298 RSDC RSDC Laghubitta Bittiya Sanstha Limited IPO NPR 40 million [ICRANP] IPO Grade 4 2016-01-01
299 SUBBL Subhechha Bikas Bank Limited Rights Share Issue NPR 50.09 million [ICRANP] IPO Grade 4 2015-12-01
300 NIB Nepal Investment Bank Limited Subordinated Bond Program NPR 750 Million [ICRANP-IR] A@ 2015-12-01
301 NIB Nepal Investment Bank Limited Further Public Offer (Equity) NPR 5,341.42 Million [ICRANP] IPO Grade 3+ 2015-12-01
302 EDBL Excel Development Bank Limited Rights Share Issue NPR 52.5 million [ICRANP] IPO Grade 4+ 2015-11-01
303 GDBL Gandaki Bikas Bank Limited Rights Share Issue NPR 105.60 million [ICRANP] IPO Grade 4+ 2015-11-01
304 SADBL Shangrila Development Bank Limited Rights Share Issue NPR 184 million [ICRANP] IPO Grade 4+ 2015-11-01
305 GRDBL Green Development Bank Limited IPO (equity) NPR 45 million [ICRANP] IPO Grade 4 2015-11-01
306 MERO Mero Microfinance Laghubitta Bittiya Sanstha Limited IPO NRs.61.2 ICRANP IPO Grade 4 2015-10-01
307 SRBL Sunrise Bank Limited Rights Issue NPR 369.047 Million IPO Grade 3 2015-10-01
308 KRBL Karnali Development Bank Limited Rights Share Issue NPR 40 million [ICRANP] IPO Grade 4 2015-10-01
309 INDB Innovative Development Bank Limited Rights Share Issue NPR 100 million [ICRANP] IPO Grade 4 2015-10-01
310 HIDCL Hydroelectricity Investment and Development Company Limited IPO Nrs. 2000 million ICRANP IPO Grade 3 2015-09-01
311 GBIME Global IME Bank Limited Company [ICRANP-IR] A-@ 2015-09-01
312 KKHC Khani Khola Hydropower Company Limited IPO NRs. 139.71 ICRANP IPO Grade 4+ 2015-09-01
313 PRVU Prabhu Bank Limited IPO NRs. 641.78 ICRANP IPO Grade 4 2015-09-01
314 NGPL Ngadi Group Power Limited IPO NRs. 146.0605 ICRANP IPO Grade 4+ 2015-09-01
315 SICL Shikhar Insurance Company Limited Further Public Offer (Equity) NPR 332.14 million [ICRANP] IPO Grade 3+ 2015-09-01
316 ICFC ICFC Finance Limited Right issue NRs. 213.48 million ICRANP IPO Grade 4 2015-08-01
317 SKBBL Sana Kisan Laghubitta Bittiya Sanstha Limited Right issue NRs. 115.34 million ICRANP IPO Grade 4+ 2015-08-01
318 KADBL Kanchan Development Bank Limited Right issue NRs. 33 million ICRANP IPO Grade 4 2015-08-01
319 MIDBL Mission Development Bank Limited Right issue NRs. 57.5 million ICRANP IPO Grade 4 2015-08-01
320 SFFIL Srijana Finance Limited Right issue NRs. 67.2 million ICRANP IPO Grade 4 2015-08-01
321 CCBL Century Commercial Bank Limited Right issue NRs. 530 million ICRANP IPO Grade 4+ 2015-08-01
322 RLFL Reliance Finance Limited FPO NRs.51.4286 ICRANP IPO 5 2015-08-01
323 HBL Himalayan Bank Limited Subordinated Bond Program NPR 500 million [ICRANP] LA@ 2015-08-01
324 HBL Himalayan Bank Limited Subordinated Bond Program NPR 750 million [ICRANP] LA@ 2015-08-01
325 KFL Kathmandu Finance Limited. Rights Issue NRs.183.78 million ICRANP IPO 5 2015-07-01
326 NBB Nepal Bangladesh Bank Limited Subordinated Bonds NRs. 500 million ICRANP LBBB- 2015-07-01
327 BOK (Former) Bank of Kathmandu Limited Subordinated Bonds NRs. 600 million ICRANP LBBB 2015-07-01
328 EBL Everest Bank Limited Subordinated Bonds NRs. 600 million ICRANP LA- 2015-06-01
329 MBL Machhapuchchhre Bank Limited Rights Issue NRs. 555.25 million ICRANP IPO 4+ 2015-06-01
330 MBL Machhapuchchhre Bank Limited Subordinated Bonds NRs. 500 million ICRANP LBBB- 2015-06-01
331 SANIMA Sanima Bank Limited Subordinated Bonds NRs. 700 million ICRANP LBBB+ 2015-03-01
332 PICL Prudential Insurance Company Limited Rights issue NRs. 54 million ICRANP IPO Grade 3 2015-03-01
333 CBBL Chhimek Laghubitta Bittiya Sanstha Limited Rights issue NRs. 105.05 million ICRANP IPO Grade 3+ 2015-02-01
334 SAJHA Sajha Bikas Bank Limited IPO NRs. 49 million ICRANP IPO Grade 4 2015-02-01
335 PIC Premier Insurance Company Limited Rights issue NRs. 134.89 million ICRANP IPO Grade 3 2015-01-01
336 LBL Laxmi Bank Limited Rights issue NRs. 701.36 million ICRANP IPO Grade 3+ 2015-01-01
337 NICA NIC Asia Bank Limited Subordinated Bonds NRs. 500 million ICRANP LA- 2014-12-01
338 CZBIL Citizens Bank International Limited Subordinated Bonds NRs. 500 million ICRANP LBBB 2014-12-01
339 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited Rights issue NRs. 100 million ICRANP IPO Grade 3 2014-12-01
340 UIC United Insurance Company (Nepal) Limited Rights issue NRs. 151.2 million ICRANP IPO Grade 3 2014-12-01
341 GBBL Garima Bikas Bank Limited Rights issue NRs. 112.2 million ICRANP IPO Grade 3 2014-12-01
342 NIL Neco Insurance Company Limited Rights issue NRs. 114.78 million ICRANP IPO Grade 3 2014-12-01
343 API Api Power Company Limited IPO NRs. 400 million ICRANP IPO Grade 3 2014-11-01
344 BARUN Barun Hydropower Company Limited IPO NRs. 48.6 million ICRANP IPO Grade 4 2014-11-01
345 BBBL Bhrikuti Vikash Bank Limited Rights issue NRs. 141.27 million ICRANP IPO Grade 3 2014-11-01
346 SRBL Sunrise Bank Limited Rights issue NRs. 223.665 million ICRANP IPO Grade 3 2014-11-01
347 SBL Siddhartha Bank Limited Subordinated Debentures NRs. 500 million ICRANP LBBB 2014-10-01
348 LAXMICAP Laxmi Capital Market Limited Company ICRANP AMC Quality 3 2014-09-01
349 LBL Laxmi Bank Limited Company ICRANP IR BBB 2014-09-01
350 RBBBL Raptibheri Bikas Bank Limited IPO NRs. 50 million ICRANP IPO Grade 4 2014-09-01
351 MNBBL Muktinath Bikas Bank Limited Rights issue NRs. 91.88 million ICRANP IPO Grade 3+ 2014-08-01
352 CLBSL Civil Laghubitta Bittiya Sanstha Limited IPO NRs. 40 million ICRANP IPO Grade 4 2014-08-01
353 TNBL Tinau Development Bank Limited Rights issue NRs. 32.2 million ICRANP IPO Grade 4 2014-07-01
354 CDBL City Development Bank Limited Rights issue NRs. 92.4 million ICRANP IPO Grade 3 2014-07-01
355 SEWA Sewa Bikas Bank Limited Rights issue NRs. 51.52 million ICRANP IPO Grade 4+ 2014-07-01
356 HAMRO Hamro Bikas Bank Limited Rights issue NRs. 42.07 million ICRANP IPO Grade 4 2014-07-01
357 PROFL Progressive Finance Limited Rights issue NRs. 90 million ICRANP IPO Grade 5 2014-07-01
358 NIBLC NIBL Capital Markets Limited Company ICRANP AMC Quality 3 2014-06-01
359 NMB NMB Bank Limited Subordinated Debenture Programme NRs. 500 million ICRANP L BBB 2014-06-01
360 NIB Nepal Investment Bank Limited Subordinated Debenture Programme NRs. 750 million ICRANP LA 2014-06-01
361 NMBCAP NMB Capital Limited Company ICRANP AMC Quality 3 2014-06-01
362 SBL Siddhartha Bank Limited Company ICRANP IR BBB 2014-04-01
363 SIDCL Siddhartha Capital Limited Company ICRANP AMC Quality 3 2014-04-01
364 KCDBL Kalinchowk Development Bank Limited IPO NRs. 49 Million ICRANP IPO Grade 4 2014-04-01
365 EKBL Ekata Bikash Bank Limited IPO NRs. 80 million ICRANP IPO Grade 4 2014-04-01
366 SBI Nepal SBI Bank Limited Subordinated Bonds NRs. 200 Million ICRANP LAA 2014-03-01
367 GBIME Global IME Bank Limited Company ICRANP IR A- 2014-03-01
368 SHINE Shine Resunga Development Bank Limited Rights issue NRs. 191.91 Million ICRANP IPO Grade 3 2014-03-01
369 BFCL Bhaktapur Finance Company Limited IPO NRs. 75 Million ICRANP IPO Grade 5 2014-03-01
370 AHPC Arun Valley Hydropower Development Company Limited Rights issue NRs. 350.493 million ICRANP IPO Grade 3 2013-12-01
371 RHPC Ridi Hydropower Development Company Limited IPO NRs. 117 Million ICRANP IPO Grade 3 2013-12-01
372 NICL Nepal Insurance Company Limited Rights issue NRs. 131.9016 million ICRANP IPO Grade 3 2013-12-01
373 CCBL Century Commercial Bank Limited IPO NRs. 920 Million ICRANP IPO Grade 4+ 2013-11-01
374 METRO Metro Development Bank Limited Rights issue NRs. 37.1 Million ICRANP IPO Grade 4 2013-10-01
375 TBBL Triveni Bikas Bank Limited Rights issue NRs. 74.5 Million ICRANP IPO Grade 4+ 2013-08-01
376 SHPC Sanima Mai Hydropower Limited IPO NRs. 211 million ICRANP IPO Grade 3 2013-07-01
377 RMDC RMDC Laghubitta Bittiya Sanstha Limited IPO NRs. 152.88 million ICRANP IPO Grade 3+ 2013-06-01
378 MBBL Mahakali Bikas Bank Limited Rights issue NRs. 80 million ICRANP IPO Grade 4 2013-06-01
379 HBL Himalayan Bank Limited Subordinated Bonds NRs. 750 million ICRANP LA 2013-05-01
380 LICN Life Insurance Corporation Nepal Limited Rights issue NRs. 101.25 million ICRANP IPO Grade 2 2013-05-01
381 MSBBL Manaslu Bikas Bank Limited IPO NRs. 36 million ICRANP IPO Grade 4 2013-05-01
382 NICB Nepal Industrial & Company Bank Limited Subordinated Bonds NRs. 500 million ICRANP LA- 2013-05-01
383 SKBBL Sana Kisan Laghubitta Bittiya Sanstha Limited IPO NRs. 58.2 million ICRANP IPO Grade 3 2013-05-01
384 CZBIL Citizens Bank International Limited Subordinated Bonds NRs. 500 million ICRANP LBBB 2013-05-01
385 NIB Nepal Investment Bank Limited Company ICRANP-IR A 2013-04-01
386 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 UIMRBHL United Idi-Mardi and R.B. Hydropower Limited Issuer Rating NA CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned 2020-08-27
2 RBB Rastriya Banijya Bank Limited Subordinated Debenture (RBBL Debenture 2083) NPR 2500 Million CARE-NP A+ [Single A Plus] Assigned 2020-07-15
3 RBB Rastriya Banijya Bank Limited Issuer Rating NA [CARE-NP] A+ (Is) [Single A Plus (Issuer)] Assigned 2020-07-14
4 SANCAP Sanima Capital Limited Fund Management Quality Rating (FMQR) NA CARE-NP AMC Quality 3 (AMC 3) Reaffirmed 2020-07-01
5 JLICL Jyoti Life Insurance Company Limited Issuer Rating NA CARE-NP BBB (Is) [Triple B (Issuer)] Assigned 2020-07-01
6 SAMAJ Samaj Laghubitta Bittiya Sanstha Limited Issuer Rating NA CARE-NP B+ (Is) [Single B Plus (Issuer)] Assigned 2020-07-01
7 GICNL General Insurance Company Nepal Limited Issuer Rating NA CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned 2020-05-11
8 SAICL Sanima General Insurance Limited Issuer rating NA CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned 2020-04-22
9 IGI IME General Insurance Limited Initial Public Offer NPR 600 Million CARE-NP IPO Grade 4 [IPO Grade Four] Assigned 2020-04-02
10 PCBL Prime Commercial Bank Limited Subordinated Debenture NPR 3,500.00 Million CARE-NP A- [Single A Minus] Assigned 2020-03-03
11 PCBL Prime Commercial Bank Limited Issuer Rating NA [CARE-NP] A- (Is) [Single A Minus (Issuer)] Assigned 2020-03-02
12 AHPC Arun Valley Hydropower Development Company Limited Rights Share Issue NPR 998.3231 Million CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned 2020-02-26
13 12ICFC2083 12% ICFC Finance Limited Debenture 2083 Issuer Rating NA CARE-NP BBB- (Is) (Triple B Minus [Issuer Rating]) Assigned 2020-01-10
14 12ICFC2083 12% ICFC Finance Limited Debenture 2083 Subordinated Debenture “12% ICFC Finance Ltd. Debenture 2083” NPR 200 Million CARE-NP BBB- [Triple B Minus] Reaffirmed 2020-01-10
15 NICLBSL NIC Asia Laghubitta Bittiya Sanstha Limited Initial Public Offer NPR 475.50 million CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned 2019-12-31
16 GRHPL Greenlife Hydropower Limited Initial Public Offer 349.64 Millions CARE-NP IPO Grade 4 [IPO Grade Four] Assigned 2019-11-05
17 SRBL Sunrise Bank Limited Subordinate Debenture (10.25% Debenture 2083) NPR 3000 Millions CARE-NP A- [Single A Minus] Assigned 2019-10-21
18 SRBL Sunrise Bank Limited Subordinate Debenture (10% Debenture 2080) NPR 1000 Millions CARE-NP A- [Single A Minus] Assigned 2019-10-21
19 SRBL Sunrise Bank Limited Issuer Rating NA CARE-NP A- (Is) [Single A Minus (Issuer Rating)] Assigned 2019-10-21
20 MBKHCL Madhya Bhotekoshi Jalavidyut Company Limited Initial Public Offering (IPO) NPR 1500 Millions CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned 2019-10-11
21 EBL Everest Bank Limited Issuer Rating NA CARE-NP AA- (Is) [Double A Minus (Issuer rating)] Assigned 2019-09-01
22 NRN NRN Infrastructure and Development Limited Initial Public Offering (IPO) NPR 339.8046 Millions CARE-NP IPO Grade 4 [IPO Grade Four] Assigned 2019-08-18
23 CEDB CEDB Hydropower Development Company Limited Initial Public Offering (IPO) NPR 251.823 Millions CARE-NP IPO Grade 4 [IPO Grade Four] Assigned 2019-07-23
24 SUCL Sunrise Capital Limited (NCM/NIDC) Fund Management Quality Rating (FMQR) NA CARE-NP AMC Quality 3 (AMC 3) Assigned 2019-07-16
25 SLICL Surya Life Insurance Company Limited Rights Share Issue NPR 887.41 Millions CARE-NP IPO Grade 4 [IPO Grade Four] Assigned 2019-07-11
26 NICA NIC Asia Bank Limited Subordinated Debenture “NIC ASIA Debenture 2083/84” NPR 4,400 Millions CARE-NP A [Single A] Assigned 2019-07-11
27 NICA NIC Asia Bank Limited Subordinated Debenture “10% NIC ASIA Debenture 2085/86” NPR 2,404.69* Millions CARE-NP A [Single A] Reaffirmed 2019-07-11
28 NICA NIC Asia Bank Limited Subordinated Debenture “11% NIC ASIA Debenture 2082/83” NPR 1,830 Millions CARE-NP A [Single A] Reaffirmed 2019-07-11
29 NICA NIC Asia Bank Limited Issuer Rating NA [CARE-NP] A (Is) [Single A (Issuer)] Reaffirmed 2019-07-11
30 NYADI Nyadi Hydropower Company Limited Initial Public Offer NPR 405 Millions CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-07-09
31 CEFL City Express Finance Limited (former Kuber Merchant Finance) Rights Share Issue NPR 400 Millions CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2019-07-08
32 SHEL Singati Hydro Energy Limited Initial Public Offer NPR 435.00 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-06-10
33 UIMRBHL United Idi-Mardi and R.B. Hydropower Limited Initial Public Offer NPR 105.00 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-06-07
34 HBL Himalayan Bank Limited Issuer Rating NA CARE-NP A (Is) [Single A (Issuer)] (Assigned) 2019-06-02
35 HBL Himalayan Bank Limited Subordinated Debenture “10% Himalayan Bank Limited Bond 2083” NPR 3000 Million CARE-NP A [Single A] (Assigned) 2019-06-02
36 SMATA Samata Laghubitta Bittiya Sanstha Limited Right Share issue NPR 121.344 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-05-17
37 HDHPC Himal Dolakha Hydropower Company Limited Initial Public Offer NPR 780 millions CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-04-09
38 UIC United Insurance Company (Nepal) Limited Rights Share Issue NPR 725.76 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Reaffirmed) 2019-04-01
39 SSHL Shiva Shree Hydropower Limited Initial Public Offer NPR 335.113 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-03-25
40 MENL Mountain Energy Nepal Limited Initial Public Offering (IPO) NPR 393.6054 million CARE-NP IPO Grade 4+ [IPO Grade Four Plus] (Assigned) 2019-03-11
41 ILBS Infinity Laghubitta Bittiya Sanstha Limited Initial Public Offer 67.40 Million CARE-NP IPO Grade 4 [IPO Grade Four] Reaffirmed (enhanced from Rs.60.00 Mn) 2019-02-25
42 NICA NIC Asia Bank Limited Subordinated Debenture “10% NIC Asia Debenture 2085/86” NPR 4,000 Million CARE-NP A [Single A] (Assigned) 2019-01-31
43 NICA NIC Asia Bank Limited Subordinated Debenture “11% NIC Asia Debenture 2082/83” NPR 1,830 million CARE-NP A [Single A] (Reaffirmed) 2019-01-31
44 NICA NIC Asia Bank Limited Issuer Rating NA CARE-NP A (Is) [Single A (Issuer)] (Reaffirmed) 2019-01-31
45 GMFBS Ganapati Laghubitta Bittiya Sanstha Limited Initial Public issue 33.50 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2019-01-20
46 NGPL Ngadi Group Power Limited Right Share Issue Rs. 160.6664 Million CARE-NP IPO Grade 3 [IPO Grade Three] ( Assigned) 2019-01-08
47 SRBL Sunrise Bank Limited Subordinate Bond (10% Debenture 2080) 1000 Million CARE-NP A- [Single A Minus] (Assigned) 2018-12-13
48 SRBL Sunrise Bank Limited Issuer Rating NA CARE-NP A- (Is) [Single A Minus (Issuer Rating)] (Reaffirmed) 2018-12-13
49 SPHL Sayapatri Hydropower Limited Initial Public Offer 90 Million CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2018-12-07
50 SNLICL Sun Nepal Life Insurance Company Limited Initial Public Offer (IPO) 600 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-11-14
51 ALICL Asian Life Insurance Company Limited Rights Share Issue 754.035273 CARE-NP IPO Grade 3 [IPO Grade Three] (Assigned) 2018-10-10
52 MLBBL Mithila Laghubitta Bittiya Sanstha Limited Right Share issue NPR 32.98897 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-10-09
53 ALBSL Asha Laghubitta Bittiya Sanstha Limited Initial Public issue NPR 60 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-09-27
54 ILBS Infinity Laghubitta Bittiya Sanstha Limited Initial Public Offer NPR 60 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-09-11
55 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
56 EIC Everest Insurance Company Limited Rights Share Issue NPR 962.28 Millions CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-07-25
57 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
58 MSLB Mahuli Samudayik Laghubitta Bittiya Sanstha Limited Rights Share Issue NPR 30.00 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-07-25
59 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
60 HATH Hathway Finance Company Limited Rights Share Issue 540.00 Million CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2018-06-24
61 UIC United Insurance Company (Nepal) Limited Rights Share Issue 725.76 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-06-20
62 GRHPL Greenlife Hydropower Limited Initial Public Offer 360.00 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-06-15
63 MBKHCL Madhya Bhotekoshi Jalavidyut Company Limited Initial Public Offer (IPO) 1440 Million CARE-NP IPO Grade 4+ [IPO Grade Four Plus] (Assigned) 2018-06-12
64 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
65 SRBL Sunrise Bank Limited Issuer Rating NA CARE-NP A- (Is) [Single A Minus (Issuer Rating)] (Assigned) 2018-05-25
66 NICA NIC Asia Bank Limited Issuer Rating CARE-NP A (Is) [Single A (Issuer)] (Assigned) 2018-03-29
67 JEFL Jebils Finance Limited Rights Share Issue 231.165 Million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-03-18
68 PROFL Progressive Finance Limited Rights Share Issue 590.1 Million CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) 2018-02-28
69 MFIL Manjushree Finance Limited Rights Share Issue 36.219 million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2018-02-22
70 PRIN Prabhu Insurance Company Limited Rights Share Issue 316.6679 million CARE-NP IPO Grade 3 [IPO Grade Three] (Assigned) 2018-01-31
71 SDESI Swadeshi Laghubitta Bittiya Sanstha Limited Rights Share Issue 115 million CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) 2017-12-31