Category: IPO | FPO

  • Sonapur Minerals and Oil IPO Allotment: 973,254 Applicants to Receive 10 Units Each on Wednesday

    Sonapur Minerals and Oil IPO Allotment: 973,254 Applicants to Receive 10 Units Each on Wednesday


    The IPO allotment for Sonapur Minerals and Oil Limited is scheduled for this Wednesday, which is the 24th of Ashwin, 2080. The allotment event will take place at 9 AM at the offices of the issue manager, NIMB Ace Capital Limited in Kathmandu.

    Out of the total 12,165,680 units available, 10% (1,216,568 units) have been allocated to Nepalese citizens working abroad, while another 608,284 units have been reserved for mutual funds. Additionally, 608,284 units have been set aside for the company’s employees. The remaining 9,732,544 units are for the general public.

     

  • IPO Shares by Nepal Warehousing Company for Nepalese Employed Abroad from Kartik 10

    IPO Shares by Nepal Warehousing Company for Nepalese Employed Abroad from Kartik 10


    Nepal Warehousing Company Limited (NWCL) presents a golden opportunity for Nepalese citizens working abroad with its Initial Public Offering (IPO). The IPO for overseas Nepalese citizens opens from the 10th to the 24th of Kartik, 2080, with no extension beyond the closing date. NWCL’s total issued capital stands at Rs. 68.75 Crores, and 20% of it, equivalent to 13,75,000 unit shares valued at Rs. 13.75 Crores, will be made available to the general public. Specifically, 10% of these shares, totaling 1,37,500 units, have been exclusively reserved for Nepalese citizens working abroad. Don’t miss this chance to invest in NWCL and be part of its exciting growth journey. Secure your shares today!

     

  • NIC ASIA Capital Launches Idea to IPO Advisory for National Solar Power Company’s 7.24 Lakh Unit IPO

    NIC ASIA Capital Launches Idea to IPO Advisory for National Solar Power Company’s 7.24 Lakh Unit IPO


    NIC ASIA Capital has taken a significant step in fostering the growth of National Solar Power Company by entering into a transformative agreement. This partnership brings to life the “Idea to IPO” corporate advisory service, a comprehensive support package that extends from the inception of the company through to its IPO issuance and beyond. National Solar Power Company, with its current operation of a 5 MW solar energy project in Pratapur, Nawalparasi, is poised to expand its horizons by offering 7.24 lakh unit ordinary shares at a price of Rs. 100 per unit to the general public. With this collaboration, NIC ASIA Capital reaffirms its commitment to guiding companies on their journey from innovative ideas to thriving IPOs, propelling the solar energy sector towards a brighter and more sustainable future.

     

  • IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin

    IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin


    Vision Lumbini Urja Company Limited has completed its IPO share allocation to foreign Nepalese employees on September 30, 2023. The company has a total issued capital of Rs. 1.91 Arba, with 10% (19,12,500 units) of shares, worth Rs. 19.12 Crores, allocated to project-affected locals of Kaski District. An additional 10% (19,12,500 units) will be offered to the general public later. Out of this public offering, 10% (191,250 units) was designated for Nepalese citizens working abroad from August 19 to September 2, 2023.

    The IPO received a total of 29,822 applications for 7.52 lakh units of shares according to the allotment plan.

     

  • Nepal Warehouse Company Gets SEBON Approval for 13.65 Lakh Share IPO

    Nepal Warehouse Company Gets SEBON Approval for 13.65 Lakh Share IPO


    Nepal Warehouse Company has obtained approval from SEBON (Securities Board of Nepal) to release 13.65 lakh ordinary shares to the public, with the offering scheduled for Ashoj 10, 2080.

    The company has already established and initiated operations for a 40 MT warehouse in Sunsari and Parsa districts. Additionally, they are in the process of constructing a warehouse with a capacity of 15,000 MT in Kapilvastu, as mentioned in their official media statement.

     

  • Kantipur TV Network Limited IPO

    Kantipur TV Network Limited IPO


    Kantipur Television Network Limited is currently in the exciting process of initiating its Initial Public Offering (IPO) and opening up shares to the general public. This strategic move towards greater public participation in the company’s ownership was set into motion when Kantipur Television Network Limited submitted its IPO application to the Securities Board of Nepal (SEBON) on Jestha 28, 2080 BS. The company eagerly awaits approval from this regulatory authority, which is a crucial step before proceeding with the public offering.

    Upon receiving the green light from SEBON, Kantipur Television Network Limited intends to make available 7,50,000 unit shares to the general public. These shares, with a par value of Rs 100 each, represent a significant public issue amounting to a total of Rs 7.50 crores.

    To facilitate and manage this momentous IPO endeavor, Kantipur Television Network Limited has wisely chosen Sanima Capital Limited as its dedicated issue and sales manager. A formal agreement for the public offering has already been solidified between the company and Sanima Capital, ensuring a smooth and efficient process.

    Kantipur Television Network Limited

    Kantipur Television Network Limited, a notable player in Nepal’s media broadcasting industry, was originally established in the year 2000 as a private limited company. However, in July 2021, the company underwent a transformation, converting into a public company with the intent of extending ownership opportunities to the general public.

    This company is an integral part of the esteemed Kantipur Media Group and boasts two prominent channels in its portfolio: Kantipur Television and Kantipur Cineplex HD, offering diverse content to cater to the entertainment needs of its audience.

    Notably, Kailash Sirohiya, the Managing Director, holds a substantial stake in the company, amounting to approximately 29 percent. This demonstrates his commitment to the company’s growth and success, aligning with the broader vision of Kantipur Television Network Limited in becoming a publicly-owned entity.

  • Chirkhwa Hydropower’s 859,300 IPO Shares Open to General Public on Ashwin 23

    Chirkhwa Hydropower’s 859,300 IPO Shares Open to General Public on Ashwin 23


    Chirkhwa Hydro Power Limited is set to release 859,300 IPO shares with a face value of Rs. 100 starting on the 23rd of Ashwin, 2080. The IPO offer will close on the 26th of Ashwin, and if it isn’t fully subscribed, it can be extended until the 3rd of Kartik, 2080.

    Previously, the company allocated 400,000 shares to locals affected by the project in Bhojpur District, but only 204,700 shares were distributed to eligible applicants. Consequently, the remaining 195,300 shares from these project-affected locals are combined with 800,000 shares (reserved for the general public, which is 20% of the total issued capital) to create a total of 995,300 shares available for the general public.

     

  • Citizen Life Insurance Company IPO Shares Now Listed on NEPSE; Opening Ranges Revealed

    Citizen Life Insurance Company IPO Shares Now Listed on NEPSE; Opening Ranges Revealed


    Citizen Life Insurance Company Limited (CLI) has successfully listed 37,500,000 IPO shares on the Nepal Stock Exchange (NEPSE). This includes shares held by the company’s promoters as well as those issued to the general public.

    The initial trading range for these shares is set between Rs. 172.43 and Rs. 517.29. If CLI enters into an agreement with NEPSE, these IPO shares will become available for trading in the secondary market the following day.

    Among the total 37,500,000 shares, 90,00,000 IPO shares were offered to the general public at a price of Rs. 244 per share, which comprises a face value of Rs. 100 and a premium of Rs. 144 per share. This offering took place from the 15th to the 19th of Bhadra, 2080.

     

  • Mid-Solu Hydropower IPO: 62,117 Applicants Receive 10 Units Each

    Mid-Solu Hydropower IPO: 62,117 Applicants Receive 10 Units Each


     

    Today, the allocation of IPO shares for Mid-Solu Hydropower Company Limited has been completed in Kathmandu at the office of the issue manager, NIC Asia Capital Limited.

    Mid-Solu Hydropower Company had initially offered 6,21,172 IPO shares at a face value of Rs 100 each to the general public. This offering was open from Bhadra 29 to Ashwin 2, 2080.

    Out of the total 7,48,400 units available, 10% (74,840 units) were allocated to Nepalese citizens working abroad, 2% (14,968 units) were reserved for the company’s employees, and 5% (37,420 units) were set aside for mutual funds. The remaining 6,21,172 units were designated for the general public, and the IPO application process for these shares has commenced today.

  • IPO Allotment: Chirkhwa Hydropower Allocates Shares to Project-Affected Locals on 8th Ashwin

    IPO Allotment: Chirkhwa Hydropower Allocates Shares to Project-Affected Locals on 8th Ashwin


    On Monday, Ashwin 8, the IPO of Chirkhwa Hydropower was allocated to residents affected by the project in Bhojpur District. The distribution of the company’s IPO took place at the office of RBB Merchant Banking Limited, which is overseeing the IPO issuance.

    Between Shrawan 28th and Bhadra 25th, the company had offered shares to project-affected locals in Bhojpur District, following approval from SEBON (Securities Board of Nepal). The company had issued a total of 400,000 shares, each with a face value of Rs 100, exclusively for these local residents. As per the notice, all 400,000 units were allotted to eligible applicants.

     

  • “IPO Shares of Upper Lohore Khola Hydropower Listed on NEPSE with Opening Ranges”

    “IPO Shares of Upper Lohore Khola Hydropower Listed on NEPSE with Opening Ranges”


    The Upper Lohore Khola Hydropower Company Limited has successfully listed 50,98,040 units of its IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the company’s promoters as well as shares issued to the general public and project-affected locals.

    For the first trading day, the IPO shares will be available in a price range of Rs. 97.87 to Rs. 293.61. If the company enters into an agreement with NEPSE, these shares will become tradable in the secondary market on the following day.

    Out of the total shares offered, which are valued at Rs. 50.98 Crore, 19,53,279 units worth Rs. 19.53 Crores were made available to the general public during the IPO period, which ran from the 18th to the 22nd of Shrawan in the year 2080.

     

  • “Manakamana Engineering Hydropower IPO Shares Listed on NEPSE: Opening Ranges”

    “Manakamana Engineering Hydropower IPO Shares Listed on NEPSE: Opening Ranges”


    Manakamana Engineering Hydropower (MEHL) has recently listed 8 million IPO shares on the Nepal Stock Exchange (NEPSE). This includes shares held by promoters, those issued to the general public, and project-affected locals. The shares can be traded in the secondary market if MEHL signs an agreement with NEPSE. Of the total 80 million shares valued at Rs. 80 crores, 2.28 million shares worth Rs. 22.76 crores were offered to the general public during the IPO period from the 28th to the 31st of Shrawan in 2080.