Api power, Reliable and Womi microfinance IPO within this month

ShareSansar July 1:

3 more upcoming IPOs are coming within the month of Ashad

Api Power Company

Api power Company Limited will be soon floating 30, 00,000 unit shares for general public. It got approval of SEBON on Ashad 9. NIBL Capital has been assigned as the issue manager for the IPO.

ICRA Nepal has assigned an “[ICRANP] IPO Grade 3”, indicating average fundamentals to the proposed initial public offering (IPO) of Api Power Company Limited (APCL).

An official with Api hydropower said, “the IPO will take place within this months.”

Reliable Microfinance

Lamjung based Reliable Microfinance Bittiya Sanstha Ltd. is soon coming with its IPO of 1,50,000 unit shares. Civil Capital Market Limited is assigned as the issue manager for the same.

The offer will open on Ashad 22 and close on Ashad 25.


Womi Microfinance

Also, Dhading based Womi Microfinance Bittiya Sanstha is also coming with its IPO of 1,47,000 unit shares. The issue manager for the IPO is NMB Capital Limited.

The offer will open on Ashad 22 and close on Ashad 25.

Whereas, three micro finances which has already floated its IPOs in this month (Ashad) has received overwhelming response from the general public. The IPOs were:

Kisan Microfinance

Kisan Microfinance Bittiya Sanstha Limited initial public offering (IPO) was oversubscribed more than 157.60 times. The total collection stood at Rs 1 arab 18 crore.

Accham district based --Kisan Microfinance Bittiya Sanstha Limited floated its initial public offering (IPO) of 80,000 unit’s shares from Ashad 1 till Ashad 4.

Clean Village Microfinance


Clean Village Microfinance Bittiya Sanstha Limited floated its initial public offering (IPO) of 1, 20,000 unit’s shares from Ashad 3 which closed on Ashad 7.

The offer was oversubscribed by approx 111.7 times.  The total collection of IPO was approximately Rs 1 arba 22 crore.

Mahila Sahayatra Microfinance

Mahila Sahayatra Microfinance Bitiya Sanstha Limited opened its Initial Public Offering of 3, 30,000 kitta shares from

Ashad 8 and the last day of the offer was on Ashad 11.  

The IPO was oversubscribed by 81.66 times with a total collection of approximately Rs 2 arba 56 crore.