An IPO, or Initial Public Offering, marks the initial instance when a private company introduces its shares to the public, enabling both individuals and institutional investors to acquire ownership stakes. Businesses opt for an IPO to secure funds for various objectives such as expanding operations, reducing debt, or fulfilling other corporate needs. Additionally, it facilitates […]
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KATHMANDU, FEBRUARY 25: Sarbottam Cement Limited has today announced the opening of its Initial Public Offering (IPO) through the book-building process. It came up with the offer of a total number of 2 million 746 thousand 76 units of shares after the allotment of shares to the institutional investors, those going for foreign employment and […]
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KATHMANDU, March 2: BPW microfinance has opened the sale of Ordinary Shares (IPO) for the general public from today. The Company has opened an IPO sale of 80,950 shares for the gen
Government stakeholders have agreed to allocate a certain quota reserved for Nepali migrant workers in every sale of IPO shares.
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KATHMANDU, Aug 10: Allotment of ordinary shares of Samling Power Company Limited Company was concluded on Tuesday.
The company issued 7,3000 units shares as Initial Public Offering (IPO) to be distributed to the general public, between October 21 and 25.
As many as 2,198,764 investors applied for the shares. Of the total applications, 9,986 were declared invalid.
Lucky 67,890 investors got 10 units each, according to SSBI Capital, the issue manager.
KATHMANDU, Aug 23: Primary shares issued by Manushi Laghubitta Bittiya Sanstha Limited were allotted on Monday.
The company had issued the Initial Public Offering (IPO) from Aug 11 to 15. As many as 3,93,750 units of primary shares were issued. Of the shares issued, 5,469 units were allotted for the employees of the company while 19,688 units were set aside for the mutual funds. The remaining 3,68,593 units were offered for the general public.
As many as 2,354,784 valid applications were received for a total of 29,574,750 units of primary shares. The applications of 7,043 investors were declared invalid.
During the allotment through a lucky draw system, a total of 36,856 applicants got 10 units each while three lucky applicants got 11 units each.
One can check the allotment result on the website of its issue manager, SBI Mechant, Meroshare account, the website of Manushi Laghubitta and the web portal of CDS and Clearing Limited.
KATHMANDU, Aug 10: Allotment of ordinary shares of Mailung Khola Hydropower Company was concluded on Tuesday.
The company issued 7,36,286 units shares as Initial Public Offering (IPO) to be distributed to the general public, between July 29 and August 2.
As many as 2,067,967 investors applied for the shares. Of the total applications, 2,843 were declared invalid.
Lucky 68,474 investors got 10 units each while six others got 11 units each, according to Siddhartha Capital, the issue manager.
KATHMANDU, May 14: Lucky four investors have been awarded the 11 units of primary shares of CEDB Hydropower Development Company.
According to Sunrise Capital, issue manager of the Initial Public Offering (IPO), 234,195 others got 10 units each during the allotment held on Friday morning.
Of the total 1,690,069 applications, only 1,685,627 were valid. Of the valid applications, 1,451,432 investors were left empty handed on Friday’s allotment.
The company had issued 25,18,230 units of shares worth Rs 251,823,000, of which 50,365 units were allocated for the staffers of the company while 125,911 units for mutual funds. Remaining 2,341,954 units were open to the public which were oversubscribed by 10.52 times.