The Nepal Chamber of Commerce has expressed concerns to Finance Minister Dr. Prakash Saran Mahat regarding a recent provision by SEBON (Securities Board of Nepal). The provision restricts promoters from selling their stock for a year even after leaving the company’s Board of Directors. The Chamber considers this policy impractical and demotivating for capital mobilization. In a media statement, they have urged the Finance Minister to take quick action to address and resolve this issue.
The IPO allotment process for Sabottam Cement, a prominent cement company, is set to conclude on Friday. Lucky applicants who successfully secure shares will receive an allotment of 50 units each through a lottery system. This eagerly anticipated event marks a significant step in the company’s public offering, providing an opportunity for investors to become […]
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The Initial Public Offering (IPO) proposal of Lower Erkhuwa Hydropower Company Ltd. is currently under review by SEBON (Securities Board of Nepal). The company has submitted a proposal to issue a total of 2,805,750 shares, aiming to raise Rs. 28.05 crores. The application for the IPO was submitted on Falgun 11, 2080. Muktinath Capital Limited […]
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Seed Energy Ltd has finalized an agreement with NMB Capital Limited for the management of its Initial Public Offering (IPO). This development signifies a noteworthy achievement for Seed Energy Ltd as it prepares to introduce its shares to the public. The collaboration with NMB Capital Limited, a renowned entity in issue management, is anticipated to […]
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