Hi everyone, i applied the ipo and wanted to increase the quantity. How can i edit it?
View on r/NepalStock by OrdinaryConfusion511
Tag: Applied
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Hey guys, I applied for Sonapur IPO for 20 Kitta and on remark it says amount blocked. What does it mean. It’s my first time filling IPO. Do I have to contact bank?
Hey guys, I applied for Sonapur IPO for 20 Kitta and on remark it says amount blocked. What does it mean. It’s my first time filling IPO. Do I have to contact bank?
View on r/NepalStock by Crazy_Possession_692
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What is a ‘dealer’s license’ that Nabil has applied for?
“45 applications for new broker licenses have reportedly been submitted, according to the Nepal Stock Exchange (NEPSE). Among which Nabil Bank has emerged as the lone applicant for a broker company with a **dealer’s license.”** What is it and what does this do different than brokers license?
View on r/NepalStock by IhumpBigthighs
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How do nepali stock related facebook pages know how many people applied for issued ipo?
I mean they always post this ipo issue oversubscribed by this much at the end of the day. Where do they get that data from?
View on r/NepalStock by thesandipsunar
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What is FPO? Till now i have only applied to IPO.
What is **FPO?** Till now i have only applied to **IPO.** Should i apply for it? Can anyone make me clear on this?
View on r/NepalStock by 0_nousername
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I applied for secondary market but no response…
registered on the tms website but no respone from them..should i call them? its broker 45 ..idk what to do
View on r/NepalStock by AwkwardJuggernaut589
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Modi Energy Limited’s IPO oversubscribed by 2.14 times; Issue to close today
Modi Energy Limited is wrapping up its IPO issuance of 55,59,420 unit shares worth Rs. 100 each to the general public from today i.e. May 7, 2023. The issue was opened on May 1, 2023. However, the IPO issue is already oversubscribed by 2.14 times so far as 1,062,761 applicants have applied for a total of 11,915,310 units.
The company had issued 29,00,000 unit shares worth Rs. 29 crores to the project-affected locals of Parbat District out of which only 804,390 units or 27.73% were allotted to valid applicants. Thus, the remaining 20,95,610 units of unsubscribed shares of project-affected locals are added to 43,50,000 units reserved for the general public to make a total of 64,45,610 units for the general public.
Sunrise Capital Limited is appointed as the issue manager for the IPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 100,000 units. The IPO shares are for the Hydroelectric Project (HEP) of the 20 MW run-of-river, Tallo Modi Khola Hydropower Project (TMKHP) constructed under the “BOOT” (Build, Own, Operate, and Transfer) model in the Parbat district of Nepal. It came into operation on September 30, 2021.
The company has been promoted by institutional promoters and individual businessmen with long experience in various sectors for setting up the hydroelectric project. Overall, 75% of shares are of the promoter shareholders in the company. CARE Ratings Nepal Limited (CRNL) has revised the Issuer Rating of Modi Energy Limited to “CARE-NP D (Is)” from “CARENP BB+ (Is)”. Issuers with this rating are considered to be in default or are expected to be in default soon.
The IPO shares have already attracted significant interest from the public, and it remains to be seen how the company performs in the coming years.
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‘Himalayan Stock Exchange’ applied for license of new stock exchange
“Himalayan Stock Exchange” has applied for a license to the Nepal Securities Board for a new stock exchange. The application has been filed by Himalayan Stock Exchange, which has been established with the participation of prominent business families in Nepal, including Shankar Group, along with the largest industrial houses in Nepal such as Shekhar Golchha of Nepal Chamber of Commerce and Industry, former presidents of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Pashupati Murarka, Rajendra Khetan of Khetan Group, Satish Lal Mor of Lucky Group, Vivek Dugar of Dugar Group, Shourabh Jyoti of Jyoti Group and other major traders and business houses. This is the first application for a stock exchange license by Himalayan Stock Exchange.
The application has been filed by Himalayan Stock Exchange, along with investment from Rohit Gupta, Ashish Shrestha, Juni Gurung, and Deepak Bhatta.
The deadline for applying for a license for the commodity exchange (Commodity Exchange) along with the stock exchange is until 10th Baisakh, 2079 (April 22, 2023). So far, only one application has been submitted under the name of Himalayan Stock Exchange.
Similarly, there has been no application filed until Friday for the commodity exchange. The applications for the stock and commodity exchanges are separate.
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The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.
One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in capital.
SEBON’s revised Securities Market Operation Regulations 2064 and Securities Dealers Regulations 2064 begin the process of awarding new licenses. On Ashwin 2, 2079, the Securities Board issued a notice with a 30-day deadline to carry it out. As a result, 45 companies applied for stock broker licenses, while only one company applied for stock dealer license. Throughout the seven months