Will the new lockdown postpone the upcoming IPO issues?
Wed, Aug 19, 2020 11:16 AM on Latest, IPO/FPO News,

Investors are in a state of confusion as to what will happen to the IPO issues since Kathmandu will go in a state of lockdown from today midnight. Numerous other districts of Nepal are also under lockdown.
The IPO of Liberty Energy Company Limited is open to the public from today. Similarly, the respective IPO of Reliance Life Insurance Company and Samaj Laghubittia Bittiya Sanstha Limited were expected to be open for application from tomorrow.
Will the IPO issue of Liberty be postponed in the middle? Will the two IPOs opening tomorrow be postponed for later?
We called the respective IPO issue managers of the three companies and inquired about it.
The IPO offering of both Reliance Life Insurance and Samaj Laghubitta Bittiya Sanstha will open tomorrow as specified previously, according to the information provided by Sanima Capital and Siddhartha Capital, their respective issue managers.
Also, no such new notice has been issued by NIBL Ace Capital, the issue manager of Liberty Energy Company Limited, when Sharesansar called the Capital.
Since non-essential transportation will be strictly prohibited from tomorrow, this means that investors will have to apply for the issues via Meroshare.
Additionally, the IPO issue of Liberty Energy Company limited is already open for application in the Meroshare dashboard.