Kathmandu. According to the Nepal Securities Board (NSB), 444,73,746 shares of 16 companies worth Rs 4.45 billion are in the pipeline.

Nine of the companies in the pipeline are hydropower companies.

According to the board, there are 16 companies in the pipeline, including two insurance companies, a merchant bank and others. Some of these companies are also preparing to issue IPOs for locals and the general public.

The two long-awaited non-life insurance companies in the pipeline are General Insurance and Sanima General Insurance.

Similarly, companies including Chandragiri Hills and Dishome are also in the process of issuing IPO.