Kathmandu. The Securities Board of Nepal (SEBON) has added 5 IPOs to its pipeline in a single day.
The Securities Board of Nepal (SEBON) has sought permission from Budhanilkantha Heritage, Sabhapokhari Hydropower, Eastern Sahara Company, National Biotech and Pashupati Renewables to issue IPO at once.
Budhanilkantha Heritage has sought permission to bring IPO worth Rs 49.5 crore. The company will issue a total of 49,50,000 units of shares at a face value of Rs 100 per unit. Global IME Capital has been appointed as the issue manager for the IPO issuance.
Similarly, Sabhapokhari Hydropower has sought permission to bring IPO worth Rs 10.75 crore. If the Securities Board of India (SEBON) approves it, the company will issue a total of 10,75,000 units of shares at face value of Rs 100. RBB Merchant Banking has been appointed as the issue manager for the IPO issuance.
Eastern Sahara Company has sought permission to bring IPO worth Rs 27.5 crore. The company will issue a total of 27,50,000 units of shares at a face value of Rs 100 per share. Global IME Capital has been appointed as the issue manager for the IPO issuance.
Similarly, National Biotech has sought permission to bring IPO worth Rs 10 crore. If the Securities Board of India (SEBON) allows it, the company will issue a total of 10 lakh units of shares at a face value of Rs 100. NIMB Ace Capital has been appointed as the issue manager for the IPO issuance.
On the other hand, Pashupati Renewables has sought permission to bring IPO worth Rs 14.40 crore. The company will issue a total of 14,40,000 units of shares at a face value of Rs 100 per share. NMB Capital has been appointed as the issue manager for the IPO issuance.
