Allotment

"Lucky 2,27,662 Applicants Secure 10 Units Each in Manakamana Engineering Hydropower IPO Allotment" 1
IPO | FPO

“Lucky 2,27,662 Applicants Secure 10 Units Each in Manakamana Engineering Hydropower IPO Allotment”

  The allocation of IPO shares for Manakamana Engineering Hydropower Limited has been completed today at the B.O.K Capital Markets Limited premises in Kathmandu. The hydropower company offered 2,276,620 shares at a face value of Rs 100 each to the public for subscription from the 28th to the 31st of Shrawan, 2080. Initially, the company […]

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"Reliable Nepal Life Insurance IPO Allotment Concludes, Leaves Nearly 400,000 Applicants Empty-Handed" 3
IPO | FPO

“Reliable Nepal Life Insurance IPO Allotment Concludes, Leaves Nearly 400,000 Applicants Empty-Handed”

  The IPO allotment for Reliable Nepal Life Insurance Limited (RENLICL) has wrapped up today at the Civil Capital Market premises in Sundhara, Kathmandu. The company had offered 9,600,000 IPO shares at a face value of Rs 100 per share, along with a premium of Rs 157, making the total cost per share Rs 257. […]

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"Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability" 5
IPO | FPO

“Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability”

  The allotment for Upper Lohore Hydropower Company Limited’s Initial Public Offering (IPO) was completed today at Kaji Kitchen, Battisputali, Kathmandu. NICA Asia Capital acted as the issue manager for this IPO. The company had initially issued 19,53,279 IPO shares with a face value of Rs 100 each to the public from 18th to 22nd […]

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"NIMB Ace Capital Concludes Citizen Life Insurance IPO Allotment; Foreign Applicants Receive 10 to 50 Unit Shares" 7
IPO | FPO

“NIMB Ace Capital Concludes Citizen Life Insurance IPO Allotment; Foreign Applicants Receive 10 to 50 Unit Shares”

  The life insurance company recently offered its regular shares to the public at a premium price of Rs 244 per share, starting from Asar 31 to Shrawan 14, 2080. According to a press release, the company distributed shares based on different categories of applicants. Around 7,885 applicants received shares based on their requested quantity […]

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IMandu Hydropower Allots IPO Shares to Overseas Nepalese on 21st Shrawan 9
IPO | FPO

IMandu Hydropower Allots IPO Shares to Overseas Nepalese on 21st Shrawan

  Mandu Hydropower Limited has assigned shares from its Initial Public Offering (IPO) to Nepalese individuals employed overseas. The distribution process ended on the 21st of Shrawan, 2080. This allotment event occurred at the office of Prabhu Capital Limited, the hydropower company’s designated issue manager, located in Kamaladi.  

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"Significant Decline in Real Estate Transactions in Nepal during FY 2079/80, Delay in Opening Land Allotment Impacts Economy" 11
Business | Market | Economy

“Significant Decline in Real Estate Transactions in Nepal during FY 2079/80, Delay in Opening Land Allotment Impacts Economy”

In the last financial year 2079/80, there was a significant decrease in real estate transactions, according to data from the Department of Land Management and Archive. The purchase and sale of land dropped by approximately 38%, resulting in a decrease in the number of processed documents for real estate transactions. In the financial year 2078/79, […]

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"Kutheli Bukhari Small Hydropower IPO Allotment: Oversubscribed 103.62 Times, Only 10,115 Applicants to Secure Ownership" 13
IPO | FPO

“Kutheli Bukhari Small Hydropower IPO Allotment: Oversubscribed 103.62 Times, Only 10,115 Applicants to Secure Ownership”

The IPO allotment of Kutheli Bukhari Small Hydropower Limited is scheduled to take place on Sunday, the 7th of Shrawan, 2080. The allotment program will be conducted at the premises of the issue manager, NMB Capital Limited, located in Nagpokhari, Kathmandu, starting at 9 am. Out of the total 121,867 units offered for the IPO, […]

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Ghorahi Cement Industry Limited Concludes IPO Allotment, Reissues Shares to Public 15
IPO | FPO

Ghorahi Cement Industry Limited Concludes IPO Allotment, Reissues Shares to Public

The IPO allotment of Ghorahi Cement Industry Limited took place at the premises of Nabil Investment Banking Limited in Naxal, Kathmandu. The company had initially issued 69,11,670 units of IPO shares at a price of Rs. 435 per unit (including a premium of Rs. 335) to the general public on Jestha 32, 2079. However, the […]

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Upper Syange Hydropower IPO Allotment: 11,44,127 Applicants Return Empty-Handed 17
IPO | FPO

Upper Syange Hydropower IPO Allotment: 11,44,127 Applicants Return Empty-Handed

  Upper Syange Hydropower Concludes IPO Allotment; Shares Issued to General Public The IPO allotment process for Upper Syange Hydropower Limited has been completed at the premises of Siddhartha Capital Limited in Kathmandu. The company had previously offered 539,500 units of IPO shares with a face value of Rs 100 to the general public from […]

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Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed 19
IPO | FPO

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

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.  

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