Kathmandu, May 11 River Falls Power Limited has launched an initial public offering (IPO). Since Wednesday, the business has been accepting applications for 2.73 million ordinary shares with a face value of Rs 100 each. Employees will receive 2% of the shares, or 54,600 shares, while the collective investment fund will receive 5% or 1,36,500 shares. The remaining 25 lakh …
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Himalayan Hydropower has offered 900,000 IPOs for locals
Kathmandu, May 8 Himalayan Hydropower Limited has launched 900,000 initial public offerings (IPOs) valued Rs 90 million. The firm has launched an initial public offering (IPO) for residents of Kaski who are affected by the project. The initial sale of 8.22%, or 900,000 shares, of the business’s Rs 1.95 billion issued capital is now available, according to the company. The …
Read More »Chairman Hamal said the IPO quota for Nepalese people residing abroad would be available in two months
Kathmandu, May 6 Ramesh Kumar Hamal, Chairman of the Nepal Securities Board, has stated that within two months, arrangements will be made to provide a quota in ordinary shares (IPO) to Nepali employees working abroad. Procedures are being worked out, according to Hamal. He stated that it has been 76 days since the chairman of the board was appointed on Friday …
Read More »Upper Solu’s IPO opened
Kathmandu, May 5 The Upper Solu Hydroelectric Company Limited has begun issuing and selling ordinary shares to those who may be affected by the project. From today, the business is selling 1.35 million units of its first public offering (IPO) for Rs 135 million at a price of Rs 100 per share. By June 3, people in Solukhumbu’s Solu Dudhkund …
Read More »CYC Nepal’s initial public offering (IPO) allocation left 21 lakh 65 thousand applicants disappointed
Kathmandu, April 28 The CYC Nepal Microfinance Institution’s primary shares (IPO) have been distributed. On Thursday, a total of 36,948 persons acquired shares in the business at the IPO allotment conducted at the Naxal headquarters of sales manager Global IME Capital, with a maximum of 2.165 million 413 applications vacated. The company issued 395,336 initial public offerings (IPOs) with a …
Read More »IPO of Bindhyabasini Hydropower to open from today
By Karuna Thapa Kathmandu, APRIL 24 Bindhyabasini Hydropower Development Company Limited will issue and sell its initial public offering (IPO) today. The company aims to launch an initial public offering (IPO) for residents of the project’s impacted areas. The firm is planning to issue one million ordinary shares having a face value of Rs 100 each. The company is located …
Read More »Dordi issuing shares to project-affected people
By Karuna Thapa Kathmandu, April 19 Citizens residing in project-affected regions will be able to purchase ordinary shares of Dordi Khola Hydropower Company Limited. The company will sell 1,054,260 shares in an initial public offering (IPO) valued at Rs 100 each, for a total of Rs 105.42 million. The firm will have 10,054,260 shares with a face value of Rs. …
Read More »Hyatt hotels will issue shares worth $4 billion
By Karuna Thapa Kathmandu, April 18 Hyatt Palace, a part of the Golyan Group, will issue stock to the general public. The hotel plans to offer 167.4 million rupees worth of stock. The promoter of Hyatt Palace ”City Hotel Limited” has requested approval to issue shares from the Securities Board of Nepal (SEBON). The hotel’s sales manager is Global IME …
Read More »Balefi Hydropower’s IPO allotment
By Karuna Thapa Kathmandu, April 12 Balefi Hydropower Limited has completed its first public offering (IPO). 1,66,342 persons received 10 lots of shares and 3 people received 11 lots of shares out of the 15 times more applications. 3,640 persons were rejected from the 2,171,740 people who applied for the 244,710 lots. The business is currently building a 36 MW …
Read More »Upakar Microfinance IPO Filling Time Added, One More Day Opportunity for Missing
By Karuna Thapa Kathmandu, April 12 Upkaar Microfinance’s initial public offering (IPO) has been postponed. The company’s initial public offering (IPO), which was scheduled to run from April 8 to 12, has been extended by one day, to April 13. The IPO has been postponed owing to a public holiday on the 10th of this month, according to the firm. …
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