Business

About 80 million lots IPOs of 20 companies to be opened this year (with list)

IPO sale of 20 companies will be opened in the fiscal year 2078/79.  Five companies have already received permission from

23 July 2021 11:39 AM, ✍️ UPDATED: 5 months ago

23 July 2021 11:39 AM

IPO sale of 20 companies will be opened in the fiscal year 2078/79. 

Five companies have already received permission from the Nepal Securities Board (NSB) for an IPO of about a Quarter to eight crore lots

Another 15 companies are in the process of IPO approval.

Rupesh KC, information officer of the Securities and Exchange Board of Nepal (SEB), said that 78.3 million 90 thousand 84 lots of IPOs worth Rupees Seven billion 839 million 84 thousand rupees

“Five companies that got permission in the last financial year are in the process of issuing IPOs. The board is studying the demand for IPO of the remaining 15 companies, ‘said Information Officer KC. 

He also said that the companies that have reached the process will be allowed to issue IPO gradually.

These are the five companies that will get IPO soon 

The IPOs of five companies that were allowed by the Securities Board of Nepal to issue IPOs in the last fiscal year are coming up for sale soon. 

The IPO of five companies worth Rs 2.33 billion is coming up for sale within a month or two.

Of which three companies are hydropower, one is microfinance and one is an insurance company. Of these, the IPO of Mailung Khol has been on sale since July 29, while the date of the others has not been fixed.

Five companies coming to IPO soon

S.No.Company nameIPO lotIPO AmountWho will get
१.Madhya Bhotekoshi Hydropower Companyone crore 50 lakh kittaOne billion 500 millionLocal and general
२.MaIlung Khola Hydropower Company Limited7 lakh 36 thousand 276 kitta73.6 million 28 thousand 600Common
३.Sanima General Insurance60 lakh kitta600 millionEmployees and the general public
४.Manushi Microfinance Financial Institution3 lakh 93 thousand 750 kitta39.37 millionEmployees and the general public
५.Samling Power Company Limited12 lakh 30 thousand kittaone crore 23 lakhLocal and general

Fifty-five million shares of 15 companies in the pipeline

The Securities and Exchange Board has stated that 55 million 30 thousand 48 lots of IPOs of 15 more companies are also in the process of being issued this year. KC, the information officer of the board, said that the board is providing necessary facilitation to the companies that have applied for IPO but have not completed the process.

The IPO is worth Rs 5.50 billion. Of those in the pipeline, 12 are IPOs of hydropower companies. There is also an insurance company, a service sector and a microfinance company.

Companies in the pipeline issuing IPOs

S.No.Company nameIPO lotIPO AmountWho will fill
१.Centipede Hydropower Limited9 lakh kitta90 millionLocal and general
२.Upper Solu Hydro Electric Company33 lakh 7 thousand 500 lots33 crore 7 lakh 50 thousandLocal and general
३.Dordi Khola Hydropower Company29 lakh 51 thousand 929 kitta295.192 millionLocal and general
४.Upper Hewakhola Hydropower Company20 lakh kitta200 millionLocal and general
५.NESDO Prosperous Microfinance Financial Institution8 lakh 28 thousand 750 kits8 crore 28 lakh 75 thousandEmployees and the general public
६.Dish Media Network23 lakh 85 thousand 929 kitta238.592 millionEmployees and the general public
७.Green Venture Limited (Hydropower)62 lakh 50 thousand kitta62 crore 50 lakhLocal and general
८.IME Life Insurance60 lakh kitta600 millionEmployees and the general public
९.Nyadi Hydropower Limited Company40 lakh 50 thousand kitta40 crore 50 lakhLocal and general
१०.Bindhyabasini Hydropower Development Company Limited25 lakh kitta250 millionLocal and general
११.Himalayan Hydropower Limited22 lakh 50 thousand kitta22 crore 50 lakhLocal and general
१२.Balephi Hydropower36 lakh 55 thousand 940 kitta36 crore 55 lakh 94 thousandLocal and general
१३.Buddha Bhoomi Nepal Hydropower Company Limited12 lakh kitta120 millionLocal and general
१४.Sahash Energy Limited1 crore 5 lakh kitta1.5 billionLocal and general
१५.Green Venture Limited (Hydropower)62 lakh 50 thousand kitta62 crore 50 lakhLocal and general
  • Source: Nepal Securities Board

In addition, IPOs of five more life insurance companies will also go public this fiscal year. Of the 10 life insurance and three non-life insurance companies approved three years ago, seven have issued IPOs in the last fiscal year. 

Of the remaining six, Sanima is in the process of issuing a general IPO, while the other five companies are in the process of applying for an IPO.







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