IPO | FPO »

“Upper Lohore Hydropower Company Limited Announces IPO Updates: Closure for Nepalese Citizens Working Abroad and Extension for Project-Affected Locals”

Earnmoney.com.np / July 6, 2023

Upper Lohore Hydropower Company Limited has provided updates regarding its initial public offering (IPO) of shares. The IPO is now closed to Nepalese citizens working abroad as of the 21st of Ashad, 2080. However, the deadline for project-affected locals in the Dailekh District has been extended until the 5th of Shrawan. The IPO process started […]

IPO | FPO

Securities Board’s 4 Decisions on Ghorahi Cement’s IPO Lead to Nepal Police Investigation.

Earnmoney.com.np / July 5, 2023

The Securities Board of Nepal (SEBON) has taken several decisions regarding the public issue of Ghorahi Cement Industry Limited based on the findings of an investigation committee. It has been observed that certain investors applied for a significant number of shares without having sufficient funds in their bank accounts. These applicants, who are unrelated to

IPO | FPO

SEBON Grants IPO Approval to Five Companies, Including Two Life Insurance, Two Hydropower, and One Investment Sector Firm.

Earnmoney.com.np / July 4, 2023

SEBON Approves IPO Issue of 5 Companies; Hathway Investment Nepal to Raise Rs. 14.62 Crores The Securities Exchange Board of Nepal (SEBON) has given its approval for the initial public offering (IPO) of five different companies. One of them, Hathway Investment Nepal Limited, plans to issue 29.25 lakh shares at a par value of

IPO | FPO

SEBI Reduces IPO Listing Time in India

Earnmoney.com.np / June 30, 2023

India’s regulatory authority for the capital market, the Securities and Exchange Board of India (SEBI), has announced a significant reduction in the time required to list shares after an initial public offering (IPO). Previously, shares could be listed within 6 days of the IPO sale’s closure, but now this timeline has been cut in

IPO | FPO

Reliable Nepal Life Insurance Receives Permission for IPO at Premium

Earnmoney.com.np / June 30, 2023

Reliable Nepal Life Insurance has received approval from the Securities Board of Nepal (SEBON) to launch an initial public offering (IPO) with a premium. The IPO will offer shares at a price of Rs 257 per share, including a premium of Rs 157 above the face value of Rs 100. A total of 1.2

IPO | FPO

Upper Syange Hydropower’s IPO Oversubscribed 18.43 Times; Last Day to Apply.

Earnmoney.com.np / June 28, 2023

Upper Syange Hydropower Limited has announced the closure of its Initial Public Offering (IPO) for 539,500 shares with a face value of Rs 100 each. The IPO was open to the general public from July 10th, 2080, and concluded on July 13th, 2080. The company aimed to raise Rs 5.39 crore from this offering, which

IPO | FPO

“Manakamana Engineering Hydropower to Issue IPO Shares to Dolakha Locals and Nepali Expats”

Earnmoney.com.np / June 26, 2023

“Manakamana Engineering Hydropower Limited Announces IPO for Locals and Nepalese Citizens Abroad” Manakamana Engineering Hydropower Limited has released an offer letter for an Initial Public Offering (IPO) specifically targeting project-affected locals from Dolakha District and Nepalese citizens working abroad. The IPO will be open for subscription from the 19th of Ashad to the 2nd

IPO | FPO

“SEBON Adds 11.19 Lakhs IPO Shares of Him Star Urja Company to Pipeline”

Earnmoney.com.np / June 26, 2023

“Him Star Urja Company Limited’s IPO Proposal Under SEBON Review” Him Star Urja Company Limited has submitted a proposal to SEBON, the capital market regulator, for an initial public offering (IPO). The company plans to issue 1,119,000 shares, which will generate a capital of Rs. 11.19 crores. The application was submitted on Jestha 31,

IPO | FPO

Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed

Earnmoney.com.np / June 26, 2023

The IPO allotment of Nepal Republic Media Limited has been completed today at Hotel Aloft in Chhaya Center, Thamel, Kathmandu. Nepal Republic Media Limited had issued 35,25,930 units worth Rs 35.25 crores as an IPO for the general public from Jestha 26-30, 2080.

IPO | FPO

Ghorahi Cement Optimistic about IPO Resumption after SEBON Investigation

Earnmoney.com.np / June 23, 2023

.Ghorahi Cement Industry Limited has expressed its belief that the Securities Board of Nepal (SEBON) will restart the process of issuing initial public offerings (IPOs) after conducting a thorough investigation. In a press release, the company addressed the dissemination of false information aimed at tarnishing its reputation in relation to its IPO issuance. The

IPO | FPO

Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders

Earnmoney.com.np / June 22, 2023

The current promoter of Himalayan Bank Limited (HBL) has initiated an auction process for 21,86,575 units of shares. This auction is exclusively available to existing promoter shareholders and commenced on the 7th of Jestha, 2080. The auction specifically targets existing promoters, who have the opportunity to submit their bids within a period of 35 days

IPO | FPO

Ghorahi IPO Blocked Money: Release Subject to Investigation Committee Report

Earnmoney.com.np / June 22, 2023

The application fee that was held during the IPO process of Ghorahi Cement Industry Limited will be returned once the investigation committee completes its report. Tej Prasad Devkota, the Deputy Executive Director and Information Officer of SEBON, confirmed that the committee was recently established to investigate the matter.