Tag: joins

  • “SEED Energy Joins Forces with NMB Capital for IPO Advisory”

    “SEED Energy Joins Forces with NMB Capital for IPO Advisory”


     

    SEED Energy Limited, a company supported by SEED Investment Private Limited, has joined forces with Nepal’s renowned merchant bank, NMB Capital Limited. This exciting collaboration marks a significant step as SEED Energy gets ready to introduce its ordinary shares to the public through an Initial Public Offering (IPO). This move is part of SEED Energy’s expansion into diverse economic sectors, including Hydropower, Infrastructure Manufacturing, and Hotels.

    Mr. Pankaj Chandra Shrestha, Chairman of SEED Energy, expressed his enthusiasm, stating, “We’re excited to share that SEED Energy is gearing up for an IPO of its ordinary shares, and we’re delighted to partner with NMB Capital as our trusted advisor for the IPO process. NMB Capital’s expertise will greatly assist us as we journey toward this important milestone. This collaboration underscores our commitment to delivering value to all our stakeholders.”

     

  • “Indian Markets Hit Fresh Record Highs with Sensex Gaining 474 Points, Nifty Nearing 20,000; ITC Joins Rs 6 Trillion Market Cap Club”

    “Indian Markets Hit Fresh Record Highs with Sensex Gaining 474 Points, Nifty Nearing 20,000; ITC Joins Rs 6 Trillion Market Cap Club”


    The stock markets experienced fresh record highs today, with the Sensex surging by 474 points, coming close to reaching the 20,000 mark for Nifty. Among the top gainers, ITC stood out, reaching an all-time high of Rs 492 on the BSE and becoming part of the prestigious Rs 6 trillion market cap club, which includes esteemed companies like Reliance Industries, Tata Consultancy Services, HDFC Bank, ICICI Bank, Hindustan Unilever, and Infosys.

    Despite some fluctuations in trading, the key domestic indices performed exceptionally well, primarily driven by the excitement surrounding the listing of Jio Financial Services following a special pre-open session for Reliance Industries. The Sensex reached an intraday high of 67,619.17, while the Nifty50 almost touched the significant milestone of 20,000, closing at 19,991.85.

    Sector-wise, most indices concluded the day in positive territory, with the exception of the IT index, which saw a slight decline of 0.66 per cent. Notably, Nifty Pharma, FMCG, healthcare, and Nifty Bank exhibited substantial gains, rising by 1.46 per cent, 1.35 per cent, 1.17 per cent, and 1.13 per cent, respectively. The Nifty Next 50, however, was the only broader market index that experienced a slight drop. Overall, it was a positive and promising day for the markets, with several sectors showcasing significant growth.

  • Workshop on ‘Road to IPO’ Equips Corporate Houses with Legal and Financial Insights

    Workshop on ‘Road to IPO’ Equips Corporate Houses with Legal and Financial Insights


    Collaboratively organized by NIBL Ace Capital Ltd., Express Services Private Limited, and Pioneer Law Associates, a workshop titled “Road to IPO” was held to educate corporate houses about the IPO process from legal and financial perspectives. Dynamic Techno Soft Pvt. Ltd., as a sponsor, prominently displayed its banner during the event. The workshop took place on Monday, May 8, 2023, at Clark Resort in Birgunj.

    Mr. Anup Raj Upreti, Managing Partner of Pioneer Law Associates, and Mr. Sachindra Dhungana, Deputy General Manager of NIBL Ace Capital Limited, served as presenters for the session. CA Subhash Khandelwal and CA Pradeep Kushwaha played crucial roles in the successful implementation of the program.

    The workshop delved into various topics related to IPO, focusing on legal aspects, corporate governance, capital structure, IPO pricing, size, timeline, and methods. Participants from different corporate houses gained valuable insights into the different aspects of IPO.