Upcoming IPO: 15 companies preparing to issue IPO; How many shares to be issued?
Kathmandu, April 8
In 2078 BS, 15 companies are preparing to issue IPO. Companies are ready to issue 5 crore 55 lakh 42 thousand 685 IPOs worth Rs. 5 arba 55 crore 42 lakh 68 thousand 500. These 15 companies have applied to issue IPO in the Securities Board of Nepal.
Of the 15 companies, 11 are hydropower companies, two are microfinance companies and two are from other groups. Among the 15 companies, Madhya Bhotekoshi Hydropower, has applied for 1 crore 50 lakh IPOs. The IPO of these 15 companies will be issued only after getting approval from the Securities Board of Nepal.
Lately, the attraction of investors in IPOs has been increasing. Investors’ interest in IPOs has also increased due to the attractive return on investment in a short period of time. Nepal Infrastructure Bank has recently launched the largest IPO in the history of Nepal’s capital market. The number of demat accounts has skyrocketed since the company launched its IPO.