SEBON approves 5 more institutional investors to participate in IPOs via book-building process; 88 institutions so far show up as eligible investors
Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to function as institutional investors during the IPO process under the book building method.
The newly chosen institutions are CBIL Capital Market, Citizens Mutual Fund-1, Citizens Mutual Fund-2, NRN Infrastructure and Development, and Kumari Equity Fund.
With this, there are a total of 88 eligible institutional investors approved by SEBON to function during the IPOs via book building method, as per the media statement.
