In this blog, we’ll give you all information about Upcoming IPOs in Nepal with dates. Please find the list of companies that are going for IPO approval and later Exchange on the Nepal Stock Exchange.
Nepal is a country that is full of potential. With the right investments, it can be a part of the global economy. IPOs are a way for companies to raise money by issuing shares to investors to fund growth, acquisitions, and expansions.
This post will be discussing some upcoming IPOs in Nepal. This will include some of the current and future IPO as well as the issue manager.
What is an IPO?
The term “IPO” is an acronym for Initial Public Offering, the first stock sale by a private company to the public. It’s how companies raise capital, and how you can become a shareholder in a company.
An IPO typically involves the sale of new stocks, though it may also include some stocks already held by company shareholders. Because there is no history of returns or performance to analyze before an IPO, this sort of investment can be risky but if it pays off, you could profit handsomely.
What is Upcoming IPOs in Nepal?
Upcoming IPOs in Nepal generally refer to any companies that are planning to go public in the near future. This could include companies that are in the process of filing for an IPO, as well as those that are widely rumored to be considering one.
How IPO is Issued in Nepal?
The process of an IPO is quite complicated and many steps are involved before it can happen.
- The first step which is needed before an IPO can happen is the company should do credit rating approval, the rating of the company is done by two companies: ICRA Nepal Limited (ICRA Nepal) and CARE Ratings Nepal Limited (CRNL).
- After that, the company needs to file a request to the Securities Board of Nepal (SEBON) for approval. So before approval, SEBON keeps the company in the pipeline; this ensures that there are no fraudulent activities or illegalities involved in the company’s operations.
- The next step would be to hire a merchant bank that will be responsible for preparing the public offering.
- Furthermore, the company also requests CDS and Clearing Ltd. for IPO management; i.e. C-ASBA request.
- Lastly, there is a need to have a few years of profitability before an IPO can happen. Once all these steps are complete, it’s then time to go public. The first step in this process would be to provide further information about the company and its operations.
Upcoming IPO in Nepal 2023/2080
Here is the complete list of new upcoming IPO in Nepal from different sectors like Hydropower, Micro Finance, Hotel and Tourism, Investment, Insurance, etc.
| Company | Sector | Units | Issue Manager | Approval Date |
|---|---|---|---|---|
| Three Star Hydropower Limited | Hydropower | 1,231,250 | Himalayan Capital Limited | 2079/12/17 |
| City Hotel Limited | Hotel | 1,674,000 | Global IME Capital Limited | 2079/12/05 |
| Rawa Energy Development Limited | Hydropower | 840,000 | Prabhu Capital Ltd. | 2079/11/25 |
| Modi Energy Limited | Hydropower | 7,250,000 | Sunrise Capital Ltd. | 2079/11/02 |
| Mai Khola Hydropower Ltd | Hydropower | 1,921,568 | Prabhu Capital Ltd. | 2079/11/03 |
| Ingwa Hydropower Ltd. | Hydropower | 1,800,000 | Nepal SBI Merchant Banking Ltd. | 2079/11/02 |
| Menchhiyam Hydro Power Ltd. | Hydropower | 1,627,750 | NIC Asia Capital Ltd | 2079/10/19 |
| Bhugol Energy Development Co. Ltd. | Hydropower | 1,632,160 | NIC Asia Capital Ltd | 2079/10/16 |
| Dolti Power Company Ltd. | Hydropower | 1,609,458 | NIC Asia Capital Ltd. | 2079/10/16 |
| Aatmanirbhar Laghubitta Bittiya Sanstha | Microfinance | 203,380 | Sunrise Capital Ltd. | 2079/09/17 |
| Sagarmatha Jalbidhyut Company Ltd. | Hydropower | 5,488,000 | Prabhu Capital Ltd. | 2079/09/17 |
| BPW Laghubitta Bittiya Sanstha Ltd. | Microfinance | 97,000 | Mega Capital Markets Ltd. | 2079/09/04 |
Recommended Reading: Broker Commission in Nepal
Upcoming IPOs in Nepal 2080/2023 (Hydropower Sector)
A list of upcoming IPOs in Nepal 2023/2079 in the hydropower sector.
| Company | Sector | Units | Issue Manager | Approval Date |
|---|---|---|---|---|
| Three Star Hydropower Ltd. | Hydropower | 1,231,250 | Prabhu Capital Ltd. | 2079/11/25 |
| Rawa Energy Development Limited | Hydropower | 840,000 | Himalayan Capital Limited | 2079/12/17 |
| Modi Energy Limited | Hydropower | 7,250,000 | Sunrise Capital Ltd. | 2079/11/02 |
| Mai Khola Hydropower Ltd | Hydropower | 1,921,568 | Prabhu Capital Ltd. | 2079/11/03 |
| Ingwa Hydropower Ltd | Hydropower | 1,800,000 | Nepal SBI Merchant Banking Ltd. | 2079/11/02 |
| Menchhiyam Hydro Power Ltd. | Hydropower | 1,627,750 | NIC Asia Capital Ltd | 2079/10/19 |
| Bhugol Energy Development Co. Ltd. | Hydropower | 1,632,160 | NIC Asia Capital Ltd | 2079/10/16 |
| Dolti Power Company Ltd. | Hydropower | 1,609,458 | NIC Asia Capital Ltd. | 2079/10/16 |
| Sagarmatha Jalbidhyut Company Ltd. | Hydropower | 5,488,000 | Prabhu Capital Ltd. | 2079/09/17 |
| Sanima Middle Tamor Hydropower Ltd | Hydropower | 8,331,250 | Sanima Capital Ltd. | 2079/09/07 |
Upcoming Laghubitta IPO in Nepal 2080/2023 (Micro Finance Sector)
The followings are the upcoming IPOs of microfinance companies in 2023/2079 and helpful information like Total Unit Issued, Issue Manager, Date of Approval, etc.
| Company | Sector | Units | Issue Manager | Approval Date |
|---|---|---|---|---|
| Aatmanirbhar Laghubitta Bittiya Sanstha | Microfinance | 203,380 | Sunrise Capital Ltd. | 2079/09/17 |
| BPW Laghubitta Bittiya Sanstha Ltd. | Microfinance | 97,000 | Mega Capital Markets Ltd. | 2079/09/04 |
| Srijanshil Laghubitta Bittiya Sanstha Ltd. | Microfinance | 393,750 | Sunrise Capital Ltd. | 2079/04/18 |
| Khaptad Laghubitta Bittiya Sanstha Ltd. | Microfinance | 132,000 | Prabhu Capital Ltd. | 2079/04/10 |
| Aviyan Laghubitta Bittiya Sanstha | Microfinance | 975,000 | Muktinath Capital Ltd. | 2079/03/24 |
| Dhaulagiri Laghubitta Bittiya Sansta Ltd. | Microfinance | 331,000 | Sunrise Capital Ltd. | 2079/03/24 |
| Adarsha Laghubitta Bittiya Sanstha Ltd. | Microfinance | 67,000 | BOK Capital Market Ltd. | 2079/02/10 |
- Aatmanirbhar Laghubitta Bittiya Sanstha: The Aatmanirbhar Laghubitta has a Date of Approval (2079/09/17) under Sunrise Capital Ltd. (issue manager) where the company is going to issue 203,380 public shares at the face value of Rs. 100 per share i.e. Rs. 20,338,000 total public issue amount.
- BPW Laghubitta Bittiya Sanstha Ltd.: The BPW Laghubitta Bittiya Sanstha has a Date of Approval (2079/09/04) under Mega Capital Markets Ltd. (issue manager) where the company is going to issue 97,000 public shares at the face value of Rs. 100 per share i.e. 9,700,000 total public issue amount.
Also Read: TMS Broker List in Nepal
Pipeline IPOs in Nepal 2080/2023 (SEBON)
In any field, it’s essential to know the people and companies that are making moves. In the world of IPOs, you have to understand which companies are going public soon.
The following list contains pipelined IPO:
- Ghorahi Cement Industry Ltd.
- Upper Syange Hydropower Ltd.
- Nepal Republic Media Ltd.
- Kutheli Bukhari Small Hydropower Ltd.
- Reliance Spinning Mills Ltd.
- Sarbottam Cement Ltd.
- Upper Lohare Hydropower Company Ltd.
- Mandu Hydropower Ltd.
- Bhagwati Hydropower Development Co.Ltd.
- Accord Pharmaceuticals Ltd.
- So On…
FAQs
How to apply for current IPOs in Nepal?
To apply for current IPOs you need to have a Mero share account. Go to Mero Share > Login using your Credentials > My ASBA > Current Issue tab. Now apply by filling up all the required information.
How to know which are upcoming IPOs?
To know upcoming IPOs you can visit the official SEBON website or see the above upcoming IPOs table list. Here, you can see the IPOs for Hydropower, Investment, Insurance, Hotel & Tourism, and Micro Finance sectors.
Visit the nearest broker office or bank where you have your account and ask them for all the requirements to create a Demat and MeroShare account and fill up the Demat and Meroshare form. You’ll get your account details within a few days after verifying all the details.
Who is responsible for IPO Approval and Pipeline?
The Securities Board of Nepal (SEBON) is responsible for all the works related to IPO Approval and Pipeline. They check all the criteria against the guideline before approving the IPOs after the credit rating is done by the company.
How to find the upcoming IPO of an insurance company in Nepal?
You can find the complete list in the above table that we have listed or you can check the official SEBON website to find the upcoming IPO of the insurance companies in Nepal.
Conclusion
This blog aims to provide information about upcoming IPOs in Nepal and help investors make better investment decisions.
We aim to publish the details of forthcoming IPOs with the exact date when they are expected to open. We gather information from reliable resources i.e. from the SEBON website and provide it here to help people make investment decisions.
I hope this will be useful to you all.
Happy IPOing, Happy Investing!!!
Thank You for the continuous update about the upcoming IPO in Nepal.
Thank You Sandeep Ji
Thank you so much for providing knowledge on IPO
Welcome 🙂