Kathmandu
The Securities Board of Nepal (SEBON) has been finally approved the IPO proposal of six companies. The approval process of these companies’ IPO had been paused due to SEBON officials’ dispute. But the IPO opening date is not declared by any company.
The IPO issues will raise a total of these six companies is NRs. 1,266,229,000. The biggest public issue is of Green Ventures Ltd a number of 31,250,000 shares. The smallest is of Jalpa Samudayik Laghubitta Bittiya Sanstha Ltd, which is only 1,600,000 shares.
The details of the IPO are following;
1. Green Ventures Ltd. (For both Local & Public)
Public Issue (Share Units): 31,250,000
Public Percentage: 20%
Issue manager: Laxmi Capital Market
2. Balephi Hydropower Ltd (For both Local & Public)
Public Issue (Share Units): 18,279,700
Public Percentage: 20%
Issue manager: Global IME Capital
3. Rastra Utthan Laghubitta Bittiya Sanstha Ltd (Only for Public)
Public Issue (Share Units): 2,600,000
Public Percentage: 32.69%
Issue manager: NIBL Ace Capital Ltd.
4. Emerging Nepal Limited Investment (Only for Public)
Public Issue (Share Units): 5,556,000
Public Percentage: 10%
Issue manager: NIC Asia Capital Ltd.
5. NESDO Sambridha Laghubitta Bittiya Sanstha Limited (Only for Public)
Public Issue (Share Units): 2,550,000
Public Percentage: 32.50% 1
Issue manager: Global IME Capital
6. Jalpa Samudayik Laghubitta Bittiya Sanstha Ltd (Only for Public)
Public Issue (Share Units): 1,600,000
Public Percentage: 32.625%
Issue manager: Prabhu Capital Ltd.
