Upcoming IPO Issue in Nepal | 3 more Companies are in pipeline to issue IPO to the general public
The process of adding new companies in the capital market will continue this fiscal year as well. Like last year, this year too, Nepal's IPO market can be expected to look encouraging. The number of companies seeking IPO permission in the Nepal Securities Board has now reached 17. Similarly, four companies are preparing to evict after getting permission. The 17 companies in the Securities and Exchange Board's pipeline have sought permission to issue IPOs worth a total of Rs 5.372 billion. If the board approves the IPO of all these companies, a total of 53,72,548 shares will be added to the market. Most of the companies that have sought permission from the Securities and Exchange Board for IPO issuance belong to the hydropower group. Meanwhile, Malung Khola Hydropower Company, Sanima Life Insurance, Manushi Microfinance and Samling Power have already received permission from the Securities and Exchange Board to sell IPOs. Of these, Ma...