Over Rs 67 arba liquidity from IPO refunds coming back to primary market investors in the next 20 days

Around Rs 67.54 arba is being refunded back to the applicants of 5 public offerings held in the last two months. Among the five, NMB Capital has been refunding over Rs 4.75 arba of excess money to its non-allottees from Friday, and will start coming to the investors starting today. The allotment of Synergy Power IPO and Samata Microfinance IPO is set to conclude this week. Starting next week, Rs 6.60 arba excess money from IPO of Synergy Power Development Ltd. and Rs 1.86 arba excess from Samata Microfinance IPO will be refunded.

In Rs. Crores

S.N.	Company	Issue Amount	Collection Amount	Excess Amount
1	Nepal SBI Bank Ltd. (FPO)	6.58	482.00	475.42
2	Synergy Power Development Ltd. (IPO)	21.00	681.00	660.00
3	Samata Microfinance Bittiya Sanstha Ltd. (IPO)	0.95	187.00	186.05
4	Nepal Life Insurance Company Ltd. (FPO)	441.24	5,200.00	4,758.76
5	Forward Community Microfinance Bittiya Sanstha Ltd. (IPO)	6.00	680.00	674.00
TOTAL		475.77	7,230.00	6,754.23

Majority of liquidity will flow back to the investors after non-allottees of Nepal Life Insurance FPO are refunded the excess money. Over Rs 47.58 arba excess from FPO of Nepal Life Insurance Co. and Rs 6.74 arba from IPO of Forward Microfinance will flow back to the bank accounts of applicants from the fourth week of Falgun. Altogether, a huge amount of Rs 67.54 arba will be deposited in respective investors' bank accounts. The stock market that has been facing downward spiral for quite a time, will, hopefully, recover after the addition of investable funds.