 |
| Nepal Stock Update Market- IPO Status |
Similarly, SEBON has given final approval for Nepal SBI Bank and Nepal Life Insurance Company for Further Public Offering (FPO). Sanima Mycrofinance and Forward Community Microfinance have been also given final approval for Initial public Offering (IPO).
|
IPO APPROVAL STATUS
|
||||||||
|
Fiscal Year 2073/74
|
||||||||
|
NAME OF COMPANY
|
SECTOR
|
AMOUNT OF
SHARE REGISTERED |
PUBLIC ISSUE
AMOUNT |
%
|
PROMOTER
SHARE AMOUNT |
%
|
ISSUE
MANAGER |
DATE OF
APPROVAL |
|
United Modi Hydropower
Limited (For Local People) |
Hydropower
|
1,150,000,000
|
115,000,000
|
10
|
862500000
|
75
|
NIBL Capital
|
2073-05-01
|
|
Arun Kabeli Power
Limited
(For General Public) |
Hydropower
|
|
300,000,000
|
20
|
|
|
Siddhartha Capital
|
2073-06-16
|
|
Nepal Hydro Dev Ltd
(For Local People) |
Hydropower
|
221,000,000
|
26,000,000
|
10
|
195000000
|
75
|
NMB Capital
|
2073-07-02
|
|
Synergy Power Dev Ltd
(For General People) |
Hydropower
|
210,000,000
|
210,000,000
|
30
|
|
|
Sanima Capital
|
2073-08-23
|
|
Himalayan Power
Partner
(For local People) |
Hydropower
|
852,333,600
|
106,541,700
|
10
|
745791900
|
70
|
Global IME Capital
|
2073-08-24
|
|
Chhyangdi Hydropower
(For local people) |
Hydropower
|
216,000,000
|
27,000,000
|
10
|
189000000
|
70
|
Global IME Capital
|
2073-08-24
|
|
Nepal SBI Bank
(FPO) |
Bank
|
65,802,602
|
65,802,602
|
|
|
|
NMB Capital
|
2073-08-24
|
|
Sanima Mycrofinance
|
Dev Bank
|
31,600,000
|
9,480,000
|
30
|
22120000
|
70
|
NIBL Capital
|
2073-08-27
|
|
Nepal Life Insurance
(FPO) |
Insurance
|
4,412,411,325
|
441,241,133
|
|
|
|
Siddhartha Capital
|
2073-09-14
|
|
Forward Community
Micro
|
Dev Bank
|
200,000,000
|
60,000,000
|
30
|
140000000
|
70
|
Nabil Investment
|
2073-09-19
|
| Similarly, according to SEBON web site, 9 companies are in pipeline waiting for SEBON approval to issue shares for locals as well as general people. Among them, Two development bank, Six Hydropower and One Microfinance Company are in pipelines. |
Details of Pipeline status are listed below.
|
Initial Public Offering
(IPO) Pipeline Status
|
||||||||
|
Fiscal Year 2073/74
|
||||||||
|
NAME OF COMPANY
|
For
|
SECTOR
|
NO OF
SHARE |
AMOUNT
OF ISSUE |
ISSUE
MANAGER |
DATE OF
APPLICATION |
DATE OF
COMMENT |
REMARKS
|
|
Akhukhola Jalbidhut
Co. Ltd |
Local
People |
Hydropower
|
800000
|
80000000
|
Civil Capital
|
2073-01-31
|
2073-05-07
|
Reply under review
|
|
Mailung Khola Jal
Bidhyut Co. Ltd |
Local
People |
Hydropower
|
368143
|
36814300
|
Siddhartha Capital
|
2073-06-07
|
2073-07-29
|
Comment Sent
|
|
Garjang Upatyaka
Hydro Power Ltd |
Local
People |
Hydropower
|
200000
|
20000000
|
NIBL Capital
|
2073-06-14
|
2073-08-15
|
Comment Sent
|
|
Radhi Bidyut
Company Ltd |
Local
People |
Hydropower
|
410000
|
41000000
|
Nabil Investment
Banking |
2073-06-17
|
2073-08-15
|
Comment Sent
|
|
Mahuli Samudayik
Microfinance
|
General
People |
Microfinance
|
120000
|
12000000
|
NCM Merchant
|
2073-07-11
|
2073-09-04
|
Comment Sent
|
|
Swadeshi laghubitta
|
General
People |
Dev Bank
|
300000
|
30000000
|
NMB Capital
|
2073-07-23
|
2073-09-12
|
Comment Sent
|
|
United Modi Hydropower
|
General
People |
Hydropower
|
1725000
|
172500000
|
NIBL Capital
|
2073-08-05
|
2073-09-12
|
Comment Sent
|
|
Mahakali Bikas Bank
|
FPO
|
Dev Bank
|
236367.5
|
23636753
|
Siddhartha Capital
|
2073-08-20
|
|
|
|
Joshi Hydropower
|
Local
People |
Hydropower
|
371400
|
37140000
|
Siddhartha Capital
|
2073-09-12
|
|
|
ReplyDeleteDifference between IPO and FPO