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 […]
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
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
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
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
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
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
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
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
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
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
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
