Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit shares with a par value of Rs. 10 per unit. The fund promoter, Siddhartha Bank Limited, was allocated 10% (1.2 crore units) of the shares, while the fund manager, Siddhartha Capital, was allocated 5% (60 lakh units). The remaining 10.20 crore units were issued to the general public. The scheme, which has a maturity period of 10 years, is the sixth mutual fund scheme offered by Siddhartha Capital. On Baisakh 17, 80,580,000 units were allotted to valid applicants, resulting in a total scheme size of Rs. 80.58 Crores.
Tag: units
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“IPO Shares for Ingwa Hydropower’s General Public Offering Now Available: Get Your 12,68,639 Units Today!”
Ingwa Hydropower Limited has announced the closure of its IPO issuance of 12,68,639 unit shares with a face value of Rs. 100 per share. The issue, which opened on April 13, 2080, is oversubscribed by 8.64 times, with 994,624 applicants applying for a total of 10,964,750 units. The company intends to collect Rs. 12.68 crore from this IPO, with 70% of the shares belonging to promoter shareholders.
Before this issuance, the company had allotted 306,840 units of its 6,00,000 unit shares worth Rs. 6 crores to project-affected locals in Taplejung District, with the remaining 293,160 units added to the 12,00,000 units reserved for the general public. Out of the total 14,93,160 units available to the general public, 120,000 units have already been allotted to Nepalese citizens working abroad, while 5% and 2% have been set aside for mutual funds and employees of the company, respectively. The remaining 12,68,639 units are for the general public, with a minimum application of 10 units and a maximum of 20,000 units.
The IPO issuance is managed by Sunrise Capital Limited, while CARE Ratings Nepal Limited has assigned an issuer rating of ‘CARE-NP BB (Is)’ to Ingwa Hydropower Limited, indicating a moderate risk of default regarding timely servicing of financial obligations in Nepal. The company was incorporated on June 23, 2009, as a private limited company and was later converted into a public limited company on August 25, 2014. The company’s institutional promoters and individual businessmen in Nepal have promoted it to set up a 9.70 MW run-of-river, Upper Ingwa Khola hydroelectric project under the BOOT mechanism in the Panchthar district of Nepal.
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Menchhiyam Hydropower IPO Allotment Concludes: Lucky 95,411 Applicants Gets 10 Units Each Whereas Staff Quota Undersubscribed
Menchhiyam Hydropower Limited’s initial public offering (IPO) was completed today at the Lainchaur Banquet in Kathmandu. The issue manager for this IPO was NIC Asia Capital.
Menchhiyam Hydropower Limited released 934,915 units worth Rs 9.34 crores to the general public as an Initial Public Offering (IPO) (Baisakh 4- 7, 2080).Previously, the business granted 542,583 unit shares worth Rs. 5.42 crores to project-affected Sankhuwasabha District residents, of which only 505,780 were given to legitimate applicants. As a result, the remaining 36,803 unsubscribed shares of project-affected locals are added to the 10,85,167 units (20% of the issued capital designated for the general public) to produce a total of 11,21,970 units for the general public.
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Mai Khola Hydropower Issues 12,69,411 Units in an Initial Public Offering (IPO) to the General Public IPO Shares Will Be Available Starting Today
Mai Khola Hydropower Limited will begin issuing 12,69,411 unit shares with a face value of Rs 100 today, on the 8th of Baisakh, 2080. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh, 2080.
Out of the total 15,29,411 units, 10%, or 152,941 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 30,588 units, have been set aside for company employees, and 5%, or 76,471 units, have been set aside for mutual funds. The remaining 12,69,411 units are for general consumption.
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Dolti Power Company’s Initial Public Offering (IPO) has concluded, with 1,27,186 lucky applicants receiving 10 units each.
Dolti Power Company Limited’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu.
Dolti Power Company Limited offered 12,71,861 units worth Rs 12.71 crores to the general public as an Initial Public Offering (IPO) (Chaitra 28, 2079- Baisakh 3, 2080).According to the allocation module, a total of 1,27,186 candidates were assigned 10 units each by lottery, with one lucky applicant receiving an additional unit, while the rest 11,41,760 applicants were returned with empty hands.
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Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.
Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080.
Previously, the business offered 542,583 unit shares worth Rs. 5.42 crores to project-affected residents of Sankhuwasabha District, of which only 505,780 were allocated to qualified applicants.
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Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra
Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu.
Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079).
108,811 units have already been released and assigned to Nepalese individuals working abroad, 5% of the total offered shares, or 71,916 units, have been set aside for mutual funds, and 19,420 units have been put up for firm personnel. The remaining 13,46,993 units will be available to the general public. -
The Makar Jitumaya Suri Hydropower IPO has concluded.
Makar Jitumaya Suri Hydropower Company Limited’s first public offering (IPO) was completed today at Prabhu Capital Limited in Kathmandu.
Makar Jitumaya Suri Hydropower Company Limited released 1,337,302 units worth Rs 13.37 crores to the general public as an Initial Public Offering (IPO) (Chaitra 19- 22, 2079).
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The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.
Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place at the issue manager’s Kamaladi office, Prabhu Capital Limited.
From the 19th to the 25th Chaitra, the company issued 13,37,302 units of Rs 100 face value shares to the general public as an Initial Public Offering (IPO) worth Rs 13.37 crore. Out of the total 15,20,000 units, or 20% of the issued capital, 10% or 152,000 units have already been issued and allotted to Nepalese citizens working abroad, while 2%, or 32,028 units, were set aside for the company’s employees, and 5%, or 80,070 units, were set aside for the general public.
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Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE
Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.
The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.
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“7.5% Urja Rinpatra 2089 Everest Bank Ltd” ” Now Available in NEPSE
NEPSE has listed 746,830 units of “7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089.”
From the 25th Poush to the 09th Magh of 2079, Everest Bank Limited (EBL) issued 20,00,000 units of “7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089.”
From the overall offer of 20 lakh units, 12 lakh units were subscribed through private placement, while the remaining 8 lakh units worth Rs. 80 crores were open for public issue, with 5% reserved for mutual funds.
As the name implies, the “7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089” would provide unit holders with 7.5% yearly yields till maturity, which is in the year 2089 BS (10 years).
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NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.
NMB Bank Limited (NMB) is releasing 40,00,000 units of “10.75% NMB Debenture 2089/90″ to the general public and institutions today, Chaitra 21st.The debenture, which has a maturity period of 10 years and a coupon rate of 10.75%, is available for application from today to the 24th Chaitra, 2079.If the issue is not fully subscribed, the deadline can be pushed back to Baisakh 5, 2080.