Recently SEBON has given approval for 5 companies to issue IPO to the general Public. 6 hydropower companies, 3 insurance companies, and 1 investment company are on their way to issue IPO to the general public. Here we provided some details about the upcoming 10 IPOs.
Upcoming 10 IPOs List 1. Reliable Nepal Life InsuranceName of Company Reliable Nepal Life Insurance Sector Insurance No. of shares(Public) 12,000,000 Unit price Rs.257 Public size 30% Promoter size 70% Issue Manager Civil capital Market Limited
2. Sun Nepal Life Insurance Company LimitedName of Company Sun Nepal Life Insurance Company Limited Sector Insurance No. of shares 9,600,000 Unit price Nrs.239 Public size 30% Promoter size 70% Issue Manager Nepal SBI Merchant Banking Ltd
3. Citizen Life Insurance Company LimitedName of Company Citizen Life Insurance Company Limited Sector Insurance No. of shares 11,250,000 Unit price Rs.244 Public size 30% Promoter size 70% Issue Manager NIBL Ace Capital
4. Kutheli Bukhari Small Hydropower LimitedName of Company Kutheli Bukhari Small Hydropower Limited Sector Hydropower No. of shares 243,675 Unit price Rs.100 Public size 20% Promoter size 80% Issue Manager Nmb capital limited
5. Upper Lohore Khola Hydropower Company LimitedName of Company Upper Lohore Khola Hydropower Company Limited Sector Hydropower No. of shares 2,498,040 Unit price 100 Public size 49% Promoter size 51% Issue Manager Nic Asia Capital Limited
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6. Manakamana Engineering Hydropower LimitedName of Company Manakamana Engineering Hydropower Limited Sector Hydropower No. of shares 2,800,000 Unit price 100 Public size 35% Promoter size 65% Issue Manager BOK Capital Market Limited
7. Bhagwati Hydropower Development Company LimitedName of Company Bhagwati Hydropower Development Company Limited Sector Hydropower No. of shares 1,430,162 Unit price 116 Public size 25% Promoter size 75% Issue Manager Siddartha Capital Limited
8. Hathway Investment Nepal LimitedName of Company Hathway Investment Nepal Limited Sector Investment No. of shares 2,925,000 Unit price Rs.50 Public size 12.5% Promoter size 87.5% Issue Manager Global IME Capital Limited
9. Mid-Solu Hydropower LimitedName of Company Mid-Solu Hydropower Limited Sector Hydropower No. of shares 1,496,800 Unit price Rs.100 Public size 20% Promoter size 80% Issue Manager NIC Asia Capital Limited
10. Mandu Hydropower LimitedName of Company Mandu Hydropower Limited Sector Hydropower No. of shares 1,636,370 Unit price Rs.206 Public size 12% Promoter size 88% Issue Manager Prabhu Capital Limited
These are the list of upcoming 10 IPOs. If you have any queries regarding this, you can comment below.