News
Five Companies Enter SEBON’s IPO Pipeline with Share Issues Worth Rs. 1.90 Billion
The Securities Board of Nepal (SEBON) has added five companies to its Initial Public Offering (IPO) pipeline. These companies are seeking approval to issue a total of 19,011,426 shares worth Rs. 1.90 billion.
The companies include Hotel Siraichuli Limited, Sasha Engineering Hydropower Limited, Peace Energy Company Limited, Unitech Hydropower Company Limited, and Moonlight Hydropower Company Limited. Among them, four are hydropower companies, while one belongs to the hotel and tourism sector.
Hotel Siraichuli Limited has proposed to issue 1,500,000 (15 Lakhs) shares worth Rs. 150 million to the general public, with Nabil Investment Banking Limited serving as its issue manager. Meanwhile, Sasha Engineering Hydropower Limited plans to issue 3,100,000 (31 Lakhs) shares worth Rs. 310 million to local residents and the general public, with NIMB Ace Capital Limited managing the issue.
