IPO Proposals of Six Companies Finally Approved by SEBON
Mon, Jan 24, 2022 10:24 AM on IPO/FPO News, Latest,
The Securities Board of Nepal (SEBON) has approved the IPO proposal of six companies.
The approval process had been halted ever since ex-chairman Bhisma Raj Dhungana was declared guilty (and sacked) of illicit obtaining of shares and acting under influence of power centers.
The public issues will raise a total of Rs. 1,266,229,000 combined.
Note that the IPO opening date hasn't been declared for any of the companies. The date will be unveiled by the respective companies (and their issue manager) via the offer letter.
Balephi Hydropower Ltd.
(For Local & Public)
Sector: Hydropower
Public Issue (Units): 3,655,940
Public Percentage: 20%
Issue manager: Global IME Capital Limited
Green Ventures Ltd.
(For Local & Public)
Sector: Hydropower
Public Issue (Units): 6,250,000
Public Percentage: 20%
Issue manager: Laxmi Capital Market Limited
NESDO Sambridha Laghubitta Bittiya Sanstha Limited
Sector: Microfinance
Public Issue (Units): 828,750
Public Percentage: 32.50%
Issue manager: Global IME Capital Limited
Jalpa Samudayik Laghubitta Bittiya Sanstha Ltd.
Sector: Microfinance
Public Issue (Units): 522,000
Public Percentage: 32.625%
Issue manager: Prabhu Capital Ltd.
Rastra Utthan Laghubitta Bittiya Sanstha Ltd.
Sector: Microfinance
Public Issue (Units): 850,000
Public Percentage: 32.69%
Issue manager: NIBL Ace Capital Ltd.
Emerging Nepal Limited Investment
Sector: Investment
Public Issue (Units): 555,600
Public Percentage: 10%
Issue manager: NIC Asia Capital Ltd.
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