We have researched and collected 16 upcoming IPO in Nepal of various companies in Nepal where they are in the process of issuing the Initial Public Offering (IPO).
What Is an Initial Public Offering (IPO)?
An initial public offering (IPO) refers to the method of offering shares of a personal corporation to the general public during a new stock issuance. Public share issuance allows a corporation to boost capital from public investors. The transition from a personal to a public company is often a crucial time for personal investors to completely realize gains from their investment because it typically includes share premiums for current private investors. Meanwhile, it also allows public investors to participate in the offering.
They have already submitted the application for the IPO issuance to the Securities Board of Nepal (SEBON). Among them, 10 are hydropower companies, 1 is a life insurance company, 1 is a merchant bank and 2 are companies from various other groups in an upcoming IPO in Nepal. We can find detailed information in the tabular list shown below:
Upcoming IPO In Nepal
|S.N.||Company||No. Of IPO Units||Issue Manager|
|1||Bindhyabasini Hydropower Development Co. Ltd.||2,500,000||Sanima Capital Ltd.|
|2||CBIL Capital Ltd||300,000||Nepal SBI Merchant Banking Ltd|
|3||CEDB Hydropower Development Co. Ltd.||2,518,230||Sunrise Capital Ltd.|
|4||Chandragiri Hills Limited||1,840,910||Global IME Capital Ltd|
|5||Emerging Nepal Limited||5,00,000||NIC Asia Capital Ltd.|
|6||Greenlife Hydropower Ltd||3,496,400||BOK Capital Market Ltd.|
|7||Himalayan Hydropower Limited||2,250,000||Janata Capital Ltd.|
|8||IME Life Insurance Co. Ltd.||6,000,000||Civil Capital Market Ltd.|
|9||Madhya Bhotekoshi Jalvidyut Co. Ltd.||15,000,000||Global IME Capital Ltd.|
|10||Mailung Khola Jal Vidhyut Co. Ltd||736,286||Siddhartha Capital Ltd.|
|11||Mountain Energy Nepal Ltd.||3,936,054||Nabil Investment Banking Ltd.|
|12||Ru Ru Jalabidhyut Pariyojana Ltd.||815,411||NMB Capital Ltd.|
|13||Shuvam Power Ltd||580,580||CBIL Capital Ltd|
|14||Singati Hydro Energy Ltd||4,350,000||Mega Capital Markets Ltd|
|15||Terhathum Power Company Ltd||1,200,000||NIBL Ace Capital Ltd.|
|16||Dish Media Network Ltd.||2,385,929||Global IME Capital Ltd.|
Hydropower Companies IPO
Here among the upcoming IPO in Nepal of 15 companies, Madhyabhotekoshi Hydropower Company has applied for the most important IPO issue. the corporate will issue 15 million shares within the IPO. the corporate will issue the IPO to the locals and therefore the general public.
The hydropower companies within the process of issuing IPO are Madhyabhotekoshi Hydropower Company, Himalayan Hydropower, Bindhyabasini Hydropower, Tehrathum power service, CEDB Hydropower Development Co. Ltd., Greenlife Hydropower Ltd., Mailung Khola Jal Vidhyut Co. Ltd, Ru Ru Jalabidhyut Pariyojana Ltd., Singati Hydro Energy Ltd, and Mountain Energy Nepal Limited.
Mountain Energy Nepal has floated shares to the locals of the project affected area within the first phase of IPO. it’ll issue IPO to the overall public soon. There is a legal provision for hydropower companies to use to the board only after getting the approval of the Hydropower Regulatory Commission.
Insurance Companies IPO
Similarly, one life assurance company is even an upcoming IPO in Nepal which has submitted the appliance to SEBON to issue the Initial Public Offering (IPO). IME life assurance is getting to float 60 lakh shares within the IPO.
Recently, three general insurance companies have even issued shares to the general public . They are: Ajod Insurance, General Insurance and Sanima General Insurance. Likewise, Reliance life assurance Company Limited has already floated 63 lakh shares at a face value of Rs 100.
Microfinance Companies IPO
At current, there are not any microfinance companies that are in an upcoming IPO in Nepal in the pipeline that have submitted applications to issue the shares to the general public. Previously, Samaj Laghubitta and Sadhana Laghubitta have sold the shares to the overall public.
IPO From Other Sectors
Chandragiri Hills, Emerging Nepal, and Dish Media Network are also an upcoming IPO in Nepal that has also submitted applications to SEBON for the difficulty of shares. Chandragiri Hills is getting to sell 18.41 crores of IPO while Dish Media Network will issue Rs 25.86 worth of shares if approved by SEBON.
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10 Most Demanded and Valuable companies of Nepal
|S.N.||Security Name||Symbol||Capitalization (Rs. In Arba)|
|1||Nepal Doorsanchar Comapany Limited||NTC||172.5|
|2||Nepal Reinsurance Company Limited||NRIC||149.2|
|3||Nabil Bank Limited||NABIL||124.55|
|4||Nepal Life Insurance Co. Ltd.||NLIC||120.64|
|5||Citizen Investment Trust||CIT||89.91|
|6||NIC Asia Bank Ltd.||NICA||79.79|
|7||Nepal Investment Bank Limited||NIB||72.73|
|8||NMB Bank Limited||NMB||65.3|
|9||Global IME Bank Limited||GBIME||64.33|
|10||Himalayan Bank Limited||HBL||59.98|
Note: Here market capitalization is based on the stock price of December 17, 2020. Share price as well as market cap may vary at the date you visit.