List of Upcoming IPO in Nepal

News 27 May 2021 3474

Initial Public Offering IPO

List of Upcoming IPO in Nepal: About Rs. 6 billion worth of IPOs (Initial Public Offering) of 17 companies are in the pipeline. Awaiting approval from the Securities Board of Nepal (SEBON), 17 companies are awaiting permission to issue 59.6 million shares worth Rs 5.96 billion.

Out of which, 13 companies have the highest number of hydropower companies, out of which Madhya Bhotekoshi Hydropower Company has been postponed due to Covid-19. 3 finance companies and 1 other company are waiting for permission. A total of 54.5 million units of shares of 13 companies under the Hydropower Company are awaiting issuance.

Similarly, three companies of finance are in the process of issuing 2.76 million units of shares. Under 'Others', 2.385 million unit shares of DisHome Media Network are awaiting issuance.

Although 15 million shares of Madhyabhotekoshi Hydropower Company, the largest of the hydropower companies, have been approved by the board, it has been postponed due to the risk of coronavirus infection. Sahas Urja Hydropower, Sayapatri Hydropower, Upper Solu Hydro Electricity Company, Manushi Laghubitta, and Dordi Khola are in the process of process.

Similarly, Mailung Khola Hydropower Company, Nyadi Hydropower, Bindhyabasini Hydropower Development Company, Jeevan Bikas Laghubitta, and Samling Power Company are in the reply and under review.

SEBON has said that it will not issue a call for the sale of shares of any company during the period of prohibitory orders. Board Chairman Bhishma Raj Dhungana said that IPOs of some companies would be issued immediately after the end of prohibitory orders. He said, "We have not applied to any of the companies at the moment. As some companies have to be stopped, no company has gone to SEBON for permission and has not been approved by SEBON."

List of Upcoming IPO Companies:

Company Name No. Of Share Units Share Price in Rs.
Sahas Urja Ltd.  10,500,000 1050000000
Centipede Hydropower Limited  900,000 90000000
Upper Solu Hydro Electric Company  3,307,500 330750000
Manushi Laghubitta Bittiya Sanstha  393,750 39375000
Dordi Khola Hydropower Company  2,951,929 295192900
Himalayan Hydropower  2,250,000 225000000
Dish Media Network Others  2,385,929 238592900
Manakamana Smart Laghubitta Bittiya Sanstha  389,000 38900000
Balefi Hydropower  3,655,940 365594000
Buddhabhumi Nepal Hydropower  1,200,000 120000000
GreenVenture Limited (Hydropower) 6,250,000 625000000
Malung Khola Hydropower Company  736,286 73628600
Madhya Bhotekoshi Hydropower Project  15,000,000 1500000000
Nyadi Hydropower Limited 4,050,000 405000000
Vindhyavasini Hydropower  2,500,000 250000000
Jeevan Bikas Laghubitta Bittiya Sanstha  1,977,300 197730000
Samling Power Company  1,230,000 123000000
Total 59,677,634 5967763400
IPO Upcoming IPO
Comments