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Showing posts from July, 2020

New IPO Issue of NRN Infrastructure and Development Limited (NRNIDL)

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     NRN Infrastructure and Development Limited (NRNIDL) has been issuing 33 lakh 98 thousand and 46 kitta IPO shares worth Rs 33.98 crore to the general public. Early closing date of this IPO issue is on Shrawan 21, 2077 and if the issue is not subscribed till Shrawan 21 then this issue can be extended up to Bhadra 3, 2077.       Out of the offered 33,98,046 units; 2% of the total offered shares i.e. 67,961 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 1,69,902 units have been set aside for the mutual funds. The remaining 31,60,183 units are for the general public. Applications can be placed for a minimum of 10 units and a maximum of 31,60,183 units. Sanima Capital Limited has been appointed as the issue manager for the IPO issuance. CRNL has assigned ‘CARE-NP IPO Grade 4’ grading to the proposed Initial Public Offering (IPO) of NRN Infrastructure and Development Limited (NRNIL). ‘CARE-NP IPO Grade ...

IPO Khabar | Upcoming IPO company lists in Nepal

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Upcoming IPO details:  21 companies are in the pipeline to issue the Initial Public Offering (IPO) in Nepal till date July 23, 2020. They have submitted the application for IPO to the Securities Board of Nepal (SEBON). Few have been already received approval from Securities Board. Pipeline IPO is worth Rs. 6.41 billion. Those companies, who are in pipeline going to issue 64,193,846 units Initial shares (IPO). Among them, some are hydropower companies, one is microfinance company, four are insurance companies, one is merchant bank and five are other.  In the category of Hydropower IPO:   Companies are as follwing:  1. Bindhyabasini Hydropower Development Co. Ltd. 2,500,000  2. Madhyabhotekoshi Hydropower Company  3. Himalayan Hydropower  4. Vindhyabasini Hydropower  5. Tehrathum Power Company  6. CEDB Hydropower Development Co. Ltd.  7. Greenlife Hydropower Ltd.  8. Mailung Khola Jal Vidhyut Co. Ltd  9. Ru Ru ...