Initial Public Offerings of a string of public limited companies are in the pipeline with combined total of the offers amounting as high as Rs 1.20 arba. There are five hydropower companies, three microfinance companies and one development bank in pipeline to issue IPO.
RSDC Laghubitta Bittiya Sanstha Limited is coming with its IPO worth Rs 4 crore (4 lakh units shares). The issue manager for the IPO is NIBL Capital Markets Limited.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of RSDC Laghubitta.
Damodar Joshi, CEO of RSDC Laghubitta said, ‘The IPO is on the review process in SEBON. It has been more than 40 days that we have applied in SEBON. We will be floating the IPO after we get approval from Sebon.”
RSDC Laghubitta has earned net profit of Rs 66.25 lakh in the second quarter of the current fiscal year 2072/73.It has authorized capital of Rs 20 crore, issued capital of Rs 10 crore and paid up capital of Rs 6 crore. After an IPO of Rs 4 crore, paid up capital of RSDC will reach Rs 10 crore.
Green Development Bank Limited is 3 districts level development bank. The working area of the bank is located at Baglung, Myagdi and Kaski. It is the first local development bank of Baglung.
The bank will be soon floating worth Rs 10 crore (10 lakh unit shares) for general public. NIBL Capital Market Limited has been assigned as the issue manager for the IPO.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of Green Development Bank.
An official of Green Development Bank said, “The IPO will take place within 2 months.”
Green Development Bank has earned net profit of Rs 1.44 lakh in the second quarter of the current fiscal year 2072/73.The bank has paid up capital of Rs 5.5 crore. After an IPO of Rs 4.5 crore, paid up capital will reach to Rs 10 crore.
National Microfinance Bittiya Sanstha Limited will be floating IPO worth Rs 3 crore ( 3 lakh unit shares) to general public.
NIBL Capital Market Limited has been assigned as the issue manager for the IPO.
An official of NIBL Capital Markets Limited said, “The IPO is in final stage in Sebon. As soon as the regulatory body completes its review process, we will be floating the IPO.”
National Microfinance has commenced its operation in 2014 as a National Level microfinance Institution. It is committed to exceed customer expectations in all areas of its Business through consistent processes, innovations and improvements.
National Microfinance has earned net profit of Rs 1.38 crore in the second quarter of the current fiscal year 2072/73.The bank has paid up capital of Rs 7 crore
Suryodaya Laghubitta Bittiya Sanstha Limited will be issuing IPO of Rs 1.20 crore (12 lakh unit shares) to general public. Global IME Capital Limited has been assigned as the issue manager for the IPO.
The head office of the company is located in Putali Bazar of Syangja whereas its working areas are Baglung, Myagdi, Parbat, Syangja, Manang, Lamjung, Mustang, Gulmi, Pyuthan and Rolpa.
Suryodaya Laghubitta has earned net profit of Rs 70.32 lakh in the second quarter of the current fiscal year 2072/73. The bank has paid up capital of Rs 2.8 crore.
Arun Kabeli Power Company Limited (AKPL) is proposing to come out with an Initial Public Offering of worth Rs 45 crore at face value NPR 100 each at par.
Of the total shares, 1,500,000 unit shares will be issued to project affected population while remaining 3,000,000 unit shares will be issued for general public and staffs.
An official of Arun Kabeli Power Company said, “Sebon will approve the IPO for the locals within a week and after 3 months the company will float IPO for the general public.”
Siddhartha Capital Limited has been assigned as the issue manager for the IPO issue.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4+”, indicating below average fundamentals to the proposed initial public offering (IPO) of Arun Kabeli Power Company Limited (AKPL).
Dibyaswori Hydropower Limited is planning to come out with IPO for local people. The company will be floating 26.40 crore (26.40 lakh unit shares) to the locals of the project affected areas.
The Hydropower project is situated at Dhupu VDC in Sankhuwasabha. The hydropower project has the capacity of generating 4MW electricity.
Ace Capital Limited has been assigned as the issue manager for the IPO of Dibyaswori Hydropower Company Limited.
After the IPO for the locals of project affected area, the company will be floating 3, 96,000 unist for the general public.
KhaniKhola Hydropower Company Limited will be floating IPO worth Rs 9. 31 crore (9.31lakh unit shares) to general public. Civil Capital Market Limited has been appointed as the issue manager.
An official of Civil Capital Markets Limited said, “The IPO is on review process in Sebon. The IPO will be issued within a month.”
The Hydropower project is situated at Lalitpur district.
Synergy Power Development Limited has decided to issue IPO of Rs 7 crore (7 lakh unit shares) for the locals. Civil Capital Market Limited is the issue manager for the IPO.
The company has its investment in 10 MW Sipring Khola Hydro Power Company.
Himalayan Power Partner Limited is planning to issue Rs 10.65 crore (10.65 lakh unit shares) IPO for the general public. Global IME Capital Limited is the issue manager for the IPO.
Himalayan Power was established in 2061 B.S. as a private limited company with the main objectives to provide the services in the fields of research, development and consultation in the energy sector. The company was transformed to the Public Limited Company in June 2013 after entry of NRN Investment Limited as a partner. The company is developing DordiKhola Hydropower Project (27 MW) in Lamjung, Nepal.
source:sharesansar.com, 18 april 2016
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RSDC Laghubitta Bittiya Sanstha Limited is coming with its IPO worth Rs 4 crore (4 lakh units shares). The issue manager for the IPO is NIBL Capital Markets Limited.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of RSDC Laghubitta.
Damodar Joshi, CEO of RSDC Laghubitta said, ‘The IPO is on the review process in SEBON. It has been more than 40 days that we have applied in SEBON. We will be floating the IPO after we get approval from Sebon.”
RSDC Laghubitta has earned net profit of Rs 66.25 lakh in the second quarter of the current fiscal year 2072/73.It has authorized capital of Rs 20 crore, issued capital of Rs 10 crore and paid up capital of Rs 6 crore. After an IPO of Rs 4 crore, paid up capital of RSDC will reach Rs 10 crore.
Green Development Bank Limited is 3 districts level development bank. The working area of the bank is located at Baglung, Myagdi and Kaski. It is the first local development bank of Baglung.
The bank will be soon floating worth Rs 10 crore (10 lakh unit shares) for general public. NIBL Capital Market Limited has been assigned as the issue manager for the IPO.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4”, indicating below average fundamentals to the proposed initial public offering (IPO) of Green Development Bank.
An official of Green Development Bank said, “The IPO will take place within 2 months.”
Green Development Bank has earned net profit of Rs 1.44 lakh in the second quarter of the current fiscal year 2072/73.The bank has paid up capital of Rs 5.5 crore. After an IPO of Rs 4.5 crore, paid up capital will reach to Rs 10 crore.
National Microfinance Bittiya Sanstha Limited will be floating IPO worth Rs 3 crore ( 3 lakh unit shares) to general public.
NIBL Capital Market Limited has been assigned as the issue manager for the IPO.
An official of NIBL Capital Markets Limited said, “The IPO is in final stage in Sebon. As soon as the regulatory body completes its review process, we will be floating the IPO.”
National Microfinance has commenced its operation in 2014 as a National Level microfinance Institution. It is committed to exceed customer expectations in all areas of its Business through consistent processes, innovations and improvements.
National Microfinance has earned net profit of Rs 1.38 crore in the second quarter of the current fiscal year 2072/73.The bank has paid up capital of Rs 7 crore
Suryodaya Laghubitta Bittiya Sanstha Limited will be issuing IPO of Rs 1.20 crore (12 lakh unit shares) to general public. Global IME Capital Limited has been assigned as the issue manager for the IPO.
The head office of the company is located in Putali Bazar of Syangja whereas its working areas are Baglung, Myagdi, Parbat, Syangja, Manang, Lamjung, Mustang, Gulmi, Pyuthan and Rolpa.
Suryodaya Laghubitta has earned net profit of Rs 70.32 lakh in the second quarter of the current fiscal year 2072/73. The bank has paid up capital of Rs 2.8 crore.
Arun Kabeli Power Company Limited (AKPL) is proposing to come out with an Initial Public Offering of worth Rs 45 crore at face value NPR 100 each at par.
Of the total shares, 1,500,000 unit shares will be issued to project affected population while remaining 3,000,000 unit shares will be issued for general public and staffs.
An official of Arun Kabeli Power Company said, “Sebon will approve the IPO for the locals within a week and after 3 months the company will float IPO for the general public.”
Siddhartha Capital Limited has been assigned as the issue manager for the IPO issue.
ICRA Nepal has assigned an “[ICRANP] IPO Grade 4+”, indicating below average fundamentals to the proposed initial public offering (IPO) of Arun Kabeli Power Company Limited (AKPL).
Dibyaswori Hydropower Limited is planning to come out with IPO for local people. The company will be floating 26.40 crore (26.40 lakh unit shares) to the locals of the project affected areas.
The Hydropower project is situated at Dhupu VDC in Sankhuwasabha. The hydropower project has the capacity of generating 4MW electricity.
Ace Capital Limited has been assigned as the issue manager for the IPO of Dibyaswori Hydropower Company Limited.
After the IPO for the locals of project affected area, the company will be floating 3, 96,000 unist for the general public.
KhaniKhola Hydropower Company Limited will be floating IPO worth Rs 9. 31 crore (9.31lakh unit shares) to general public. Civil Capital Market Limited has been appointed as the issue manager.
An official of Civil Capital Markets Limited said, “The IPO is on review process in Sebon. The IPO will be issued within a month.”
The Hydropower project is situated at Lalitpur district.
Synergy Power Development Limited has decided to issue IPO of Rs 7 crore (7 lakh unit shares) for the locals. Civil Capital Market Limited is the issue manager for the IPO.
The company has its investment in 10 MW Sipring Khola Hydro Power Company.
Himalayan Power Partner Limited is planning to issue Rs 10.65 crore (10.65 lakh unit shares) IPO for the general public. Global IME Capital Limited is the issue manager for the IPO.
Himalayan Power was established in 2061 B.S. as a private limited company with the main objectives to provide the services in the fields of research, development and consultation in the energy sector. The company was transformed to the Public Limited Company in June 2013 after entry of NRN Investment Limited as a partner. The company is developing DordiKhola Hydropower Project (27 MW) in Lamjung, Nepal.
source:sharesansar.com, 18 april 2016
LINK
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