I am Searching for SEBON Senior Assist Syllabus and Previous year questions to get an idea of questions and asked,
Does anyone have those papers or sources?
View on r/NepalStock by kshitizbhushal
Tag: SEBON
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Mahuli Laghubitta Bittiya Sanstha Proposes Further Public Offering (FPO) to SEBON
Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) has submitted a formal proposal to the Securities Board of Nepal (SEBON) to initiate a Further Public Offering (FPO). The company’s aim with this FPO is to issue 475,449 additional shares, raising a total of Rs. 47,544,915 in capital. Similar to an Initial Public Offering (IPO), the general public will have the opportunity to apply for these shares at a par value of Rs. 100 per share.
Sunrise Capital has been appointed as the issue manager for this offering, and the application for the FPO was officially submitted to SEBON on Bhadra 24.
As of now, MSLB’s current paid-up capital stands at Rs. 32.23 Crores. However, upon the successful issuance of the FPO, the paid-up capital will experience an increase, reaching Rs. 36.99 Crores.
It’s worth noting that ICRA Nepal has assigned an issuer rating of [ICRANP-IR] BB- (pronounced ICRA NP Issuer Rating Double B Minus) to Mahuli Laghubitta Bittiya Sanstha Limited. This rating suggests that issuers with this designation are assessed to have a moderate risk of default in terms of fulfilling their financial obligations in a timely manner.
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Securities Board Approves Citizens Bank’s 10% Bond Offering for 2080
The Securities Board of Nepal has granted approval to Citizens Bank International Limited’s ‘10% Citizens Bank Bond 2080.’ This regulatory clearance was given on the 29th of Bhadra, 2080.
The ‘10% Citizens Bank Bond 2080’ offering consists of a total of 30 lakh units, with each unit having a par value of Rs. 1,000. Out of the overall issuance, 12 lakh units are designated for the general public, while the remaining 18 lakh units will be made available through private placement.
Himalayan Capital Limited has been selected to serve as the issue manager for this bond offering.
As the name implies, the ‘10% Citizens Bank Bond 2080’ comes with a maturity period of 10 years, set to reach maturity in the year 2090 BS. Investors holding these debentures can anticipate an annual return of 10% on their investment.
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“SEBON Adds 39.50 Lakhs IPO Shares of Daramkhola Hydro Energy to Pipeline”
Daramkhola Hydro Energy Limited has submitted an IPO proposal to SEBON (Securities Board of Nepal). The proposal outlines the issuance of 3,950,000 shares, with the aim of raising Rs. 39.5 crores for the company. This application was submitted on Bhadra 05, 2080.
For the public offering, Laxmi Capital has been appointed as the issue manager.
Daram Khola Hydroelectric Project, situated in Galkot-11 of Baglung district, is a run-of-river project that harnesses the water from Daram Khola. It boasts an installed capacity of 9.6 MW and includes various components like a diversion weir, intake structures, headrace pressure pipe, surge tank, penstock pipe, powerhouse, tailrace canal, and switchyards. The electricity generated by the project will be connected to the 33 kV Harichaur Substation. To facilitate this, the company plans to construct a 14 km long 33 kV transmission line from the powerhouse to the Harichaur substation in Baglung district.
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“Ridi Power Company’s 50% Right Share Added to SEBON Pipeline”
SEBON, the Securities Exchange Board of Nepal, has included Ridi Power Company Limited’s right shares in its initial evaluation phase. This hydropower firm intends to offer 50% right shares amounting to Rs. 77.44 Crores. This will involve distributing 7,744,506 (in a 1:0.50 ratio) units of right shares to its current shareholders. With the company’s existing paid-up capital at Rs. 1.54 Arba, the implementation of these proposed right shares will lead to a new paid-up capital of Rs. 2.32 Arba.
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“SEBON Approves Vision Lumbini Urja’s Rs 38.25 Crore IPO Proposal”
The Securities Exchange Board of Nepal (SEBON) has given its approval for the Initial Public Offering (IPO) of Vision Lumbini Urja Company Limited. This IPO is scheduled for Bhadra 05, 2080. In this offering, the company plans to release 3,825,000 equity shares, each with a nominal value of NPR 100. The total value of the IPO is set at Rs. 38.25 Crore, which represents 20% of the company’s existing issued capital. Following the allotment of shares through the IPO, the company’s total paid-up capital will increase to Rs. 1.91 Arba from the current Rs. 1.53 Arba. Muktinath Capital Limited has been appointed as the manager overseeing the IPO process, and the application for this IPO was originally submitted on Falgun 28, 2079.
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“SEBON Grants Licenses to Five New Brokerage Firms”
The Securities Board of Nepal (SEBON) has recently approved licenses for five new brokerage firms. Sajilo Broker Company Ltd, Roadshow Securities Ltd, and Beni Securities Pvt. Ltd have been granted licenses for limited stock broking services, while Himalayan Securities Ltd and Sunny Securities Company Ltd. have been approved as full operating brokerage service providers. These licenses were awarded based on the evaluation of meeting required infrastructure criteria. Earlier, SEBON had issued preliminary licenses or letters of intent to 43 companies in three separate phases.
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“Nepal Chamber of Commerce Urges Finance Minister to Withdraw SEBON Directive”
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.
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“SEBON Instructs Listed Organizations on Securities Law Compliance”
SEBON (Securities Board of Nepal) Issues Directive to Listed Organizations for Full Compliance with Securities Law. The directive, consisting of four key points, aims to streamline information flow and stresses timely submission of data and details. SEBON observed non-compliance in the past and seeks improved adherence from organized organizations.
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SEBON Achieves Record IPO Issuance of 22 Billion in FY 2079/80; Listed Companies Reach 81.61 Arba Market Cap.
In the financial year 2079/80, the Securities Board of Nepal (SEBON) achieved a remarkable milestone by approving initial public offerings (IPOs) worth over 22 billion rupees. This surpasses the previous record set in the financial year 2077/78, when SEBON allowed IPOs worth 15 billion 18 crores. Chairman Ramesh Hamal led the effort, breaking the previous record set during Bhishma Raj Dhungana’s tenure.
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“Himalaya Urja Bikas Company’s Right Shares Added to SEBON Pipeline for Preliminary Review”
The Securities Exchange Board of Nepal (SEBON) has included the right shares of Himalaya Urja Bikas Company (HURJA) in its pipeline, subject to preliminary review. HURJA, a hydropower company, plans to issue 100% right shares valued at Rs. 99 Crores. This will involve the issuance of 9,900,000 (1:1) units of right shares to its existing shareholders. Currently, the company has a paid-up capital of Rs. 99 Crores. Upon the successful adjustment of the proposed right shares, the company’s paid-up capital will rise to Rs. 1.98 Arba.
To oversee the right share issuance, Nabil Investment Banking Limited has been appointed as the issue manager. The application for the right shares was submitted to the board on Ashad 31, 2080.
In summary, Himalaya Urja Bikas Company’s right shares have been included in the SEBON pipeline for preliminary review. The company intends to issue 9,900,000 units of right shares worth Rs. 99 Crores to its existing shareholders, which will result in an increased paid-up capital of Rs. 1.98 Arba. Nabil Investment Banking Limited has been entrusted with the responsibility of managing the right share issuance process.
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SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent
The Securities Board of Nepal (SEBON) has given its approval to Multipurpose Finance Company Limited (MPFL) for a rights offering. MPFL plans to issue 35% right shares valued at Rs. 15.82 Crores, which will involve distributing 1,582,000 (1:0.35) units of right shares to its existing shareholders. Currently, MPFL has a paid-up capital of Rs. 45.20 Crores, and after the issuance of the right shares, its paid-up capital will increase to Rs. 61.02 Crores. Muktinath Capital has been appointed as the issue manager for this process. The application for the rights offering was submitted to the board on Falgun 29, 2079.