Three companies are set to open their Initial Public Offerings (IPOs) consecutively for general investors in Nepal: Suryakund Hydro Electric Company, Hotel Forest Inn, and Ridge Line Energy.
Suryakund Hydro Electric Company Limited will open its IPO for the general public on Magh 18, offering 572,431 shares at NPR 100 per share. Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. Kumari Capital Limited has been appointed as the IPO and sales manager. The last date to apply for this IPO is Magh 21.
Hotel Forest Inn Limited will issue 3,320,000 shares to the general public starting Magh 22. Investors can apply for a minimum of 10 shares and a maximum of 200,000 shares. NIC Asia Capital Limited is managing the IPO issuance and sales. Applications will close on Magh 26.
Ridge Line Energy Limited will issue 1,180,260 shares at NPR 100 per share, starting Magh 28. Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. The IPO issuance will run from Magh 28 to a maximum of Fagun 13, with Prabhu Capital Limited acting as the IPO and sales manager.
Investors can apply through all SEBON-approved C-ASBA member banks and financial institutions or via the ‘Mero Share’ online system provided by CDS and Clearing Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
