25 companies issuing Rs 6.80 billion worth IPOs

Dec Sat 2021 07:36:41

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25 companies issuing Rs 6.80 billion worth IPOs

Kathmandu. In the Nepal Securities Board (Cebon), the initial shares (IPO) of 25 companies and the preferred shares of seven companies are in the pipeline. 25 companies are preparing to issue IPOs worth Rs 6.80 billion. These companies are preparing to issue 61.356 million 4 lots of IPO worth a total of 6.80 billion.

Similarly, six companies in Cebon's pipeline have sought permission for rightful eviction worth a total of Rs 1.65 billion. Among the companies seeking permission are two insurers, two hydropower, two finance and one development bank. Of the 25 companies preparing for the IPO, six are MFIs, two are insurance companies, 15 are hydropower companies and two are group companies. Other group companies include Emerging Nepal and Dis Media Network.