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Showing posts with the label New IPO News

IPO Issue Alert :: IME Life Insurance IPO issue is in process

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IME Life Insurance Ltd IPO Issue Name: IME Life Insurance Limited Established: 2065 Aswin 15 (October 01, 2008) Operation Date: 1st Bhadra 2074 Paid up Capital: NPR 1.4 Billion Paid up Capital after IPO: NPR 2 Billion About IME Life Insurance   Registered in 2065 Aswin 15 (October 01, 2008), IME Life Insurance started its operation from 1stBhadra 2074 (August 17, 201) offering a range of individual and group insurance solutions that meet various customers' needs such as Protection, Savings, and Investment. IME Life has paid up capital of NPR 1.4 Billion and will reach 2 Billion after IPO. Company's reinsurance partner is Nepal Reinsurance Company Ltd.   Promoted by IME Group has an unrivalled strength - a wide reach with IME Group offices in Nepal and 6000 plus IME Centers and local remittance agents. IME Life is all set to conquer and establish a strong client base via agency, corporate agency, banc assurance and direct channels whom we call- our Strategic Par...

CEDB Hydropower IPO Issue Details update

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About CEDB Hydropower Development Company  CEDB Hydropower Development Company Limited (CHDC), a public limited company incorporated under the prevalent laws of Nepal on Mangsir 15, 2066 (November 30, 2009). CEDB Hydropower Development Company Limited (CHDC) was founded by the then Clean Energy Development Bank to provide equity investment for hydropower projects to meet energy needs of the nation. CHDC is currently mandated to invest in and develop Hydropower Projects. It has got three hydropower projects in operation and four projects at construction and development stages. History Of CEDB Hydropower Development Company CEDB hydropower Development Company Limited was founded by the Clean Energy Development Bank to provide equity investment for hydropower projects to meet energy needs of the nation. The company has been operating 3 hydropower projects which has a combined electricity generation capacity of 8.583 MW. About IPO Issue CEDB Hydropower Development Company Limited (CHDC...

Upcoming IPO of one of the best Cement Company Sarbottam Cement IPO Issue in Pipeline

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Sarbottam Cement  has proposed to issue an IPO worth 60 lakh shares to the General Public. The company is certain that the final price will not be lesser than Rs. 750 per share. However, institutional investors (book builders) have yet to bid for the IPO. After institutional investors submit bids with a quoted price for 40% of the shares (24 lakh units), the remaining 46.66% (28 lakh units) will be issued to the general public and 13.33% (8 lakh units) to the project affected people at 10% lesser than the quoted price. As recent update, Company has been appoint 4 issue manager for share issue. This company will be the first company who is going to issue IPO share from Book Building Process  . Appointed Issue Managers are as following: 1. Global IME Capital Ltd. 2. NIBL Ace Capital Ltd. and  3. Prabhu Capital Ltd About Saurabh Group Saurabh Group’s journey began from Myanmar. Till the 1960’s, Bishnu Prasad Neupane’s father, Lila Ram Neupane, was doing retail business alon...

Mahila Laghubitta IPO Issue date - Laghubitta IPO News

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Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) is issuing 4,00,000 units IPO to the general public from today Magh 30, 2077. The early closing date of this issue is on Falgun 5 (1 day extended due to government holiday on Magh 30) and if the issue is not fully subscribed till Falgun 5, then it can be extended up to Falgun 14, 2077. SEBON (Security Board Of Nepal) has already been approved to issue 4 Lakh units share to general public on January 21, 2021 i.e. BS 2077 Magh 10. Mahila Laghubitta Bittiya Sanstha Limited is going to issue 400000 units share to the general public worth Rs. 40000000 from 10 Feb 2021 which is 40% of its capital . The IPO allotment of the Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) is going to  next Friday. Nepal SBI Merchant Banking Ltd has stated that it will release the results as soon as possible. ( Updated 25 Feb 2021 ) IPO Result/IPO Allotment Mahila Laghubitta Bittiya Sanstha Ltd IPO ISSUE Date ( Updated ) Mahila Laghubitta Bittiya San...

Singati Hydro Energy got approval to issue IPO share to Project effected area people | IPO issue of Singati Hydro Energy ltd

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Singati  Hydro Energy Limited IPO Issue Singati Hydro Energy Ltd is going to issue IPO share from Magh 04, 2077 (ie; 16 Jan 2021). Singati Hydropower energy ltd (SHEL) has got approval from SEBON for issuing 14,500,000 units share IPO to project effected Local people. IPO Issue manager of Singati Hydropower is Mega Capital Markets. Singati Hydropower has appointed to Mega Capital markets Ltd as an IPO share issue manager. Singti Hydro Energy Limited is going to issue ordinary shares for the project affected people from January 16, 2021. The company, Singati Hydro Energy Ltd   will sell the shares to the public after the distribution of the shares. Residents of Bigu and Kalinchok villages in the most affected areas of Dolakha will get the shares to be issued from 16 Jan 2021 to 31 Jan 2021. The company is going to issue 1.45 million shares at the rate of Rs 100 for them. Applications for the shares can be submitted till January . A minimum of 10 lots and a maximum of 200,000 l...