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Showing posts with the label Upcoming IPO in Nepal

IPO Result date of Shrijanshil Laghubitta Bittiya Sanstha

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 The IPO issued by Shrijanshil Laghubitta Bittiya Sanstha Limited (SLBSL) / (Shrijanshil Microfinance Financial Institution Limited) is going to be distributed on Monday. The sales manager, Sunrise Capital, is going to distribute the shares on Monday, September 12th at 10 am at the capital's office. Shrijanshil Laghubitta Bittiya Sanstha IPO RESULT DATE  The company has issued 3 lakh 93 thousand 750 shares worth 3 crore 93 lakh 75 thousand rupees. Out of which 5 thousand 470 shares were allocated for the employees of the company and 19 thousand 690 shares were allocated for collective investment funds. Common people have applied for the remaining 368 thousand 590 shares. When applying, there was a system that could be given for a minimum of 10 shares and a maximum of 1000 shares. Sunrise Capital is the sales manager for the share issue. IPO Issue Notice of Shrijanshil Laghubitta (साधारण शेयरको सार्वजनिक निष्काशन तथा बिक्री) IPO Issue details Notice (आह्वान पत्र)   ...

Upcoming IPO Issue Date Fixed Company Lists 2078 in Nepal

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After long waiting, 6 more companies have got IPO issue approval from SEBON (Security Board of Nepal) recently. As reason to delay for approval is vacant a post of board of director at SEBON and NEPSE due to Sarbottam Cement OTC share trading scandal. But as still no one has appointmented and IPO issue approval applications increased by numbures, SEBON choosed alternative way to give approval in priority.  On the same day, six companies received approval for the primary share issue and all the companies are in the process of share issue. Although all the companies have started the process, they will not be able to issue primary shares on the same date. The Central Depository System (CDS) will not allow all these companies to be issued on the same date. According to the CDSC, evictions will be allowed only if the technology can sustain them. "All six companies will not be allowed to evict at once. We are ready to allow the eviction of one company only after the eviction of another ...

Himalayan Reinsurance Limited has announced its 1st AGM what are agendas?

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 Himalayan Reinsurance Limited  (Himalayan Re)  is the first private sector reinsurance company established in the Federal Republic of Nepal. The company would offer Reinsurance support to Life and General Insurance Companies in Nepal and overseas.  Himalayan reinsurance will get the license and issue IPO soon a Himalayan Reinsurance Limited (Himalayan Re) 1st AGM is going to be held on 12th Kartik, 2078. Capital Structure Authorized Capital                              NPR 21 Billions (USD 180 Millions approx) Issued Capital                                     NPR 7 Billions (USD 60 Millions approx) Paid up Capital                                   NPR 7 Billions (USD 60 Millions approx) Ownership Promoters’ sh...

Upcoming IPO Issue in Nepal | 3 more Companies are in pipeline to issue IPO to the general public

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 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...