Budhanilkantha Heritage, Sabhapokhari Hydropower, Eastern Sahara Company, National Bio Tech, and Pashupati Renewables — applied to the Nepal Securities Board for permission to issue initial public offerings (IPOs).
Budhanilkantha Heritage has requested approval to issue 4,950,000 shares at Rs. 100 per share, totaling Rs. 495 million. Global IME Capital has been appointed as the IPO’s issue and sales manager.
Sabhapokhari Hydropower has applied to issue 1,075,000 shares at Rs. 100 per share, totaling Rs. 107.5 million. RBB Merchant Banking is the designated sales manager for this IPO.
Eastern Sahara Company has sought approval for 2,750,000 shares at Rs. 100 per share, equivalent to Rs. 275 million. Its sales manager will be Global IME Capital.
National Bio Tech has applied to issue 1,000,000 shares at Rs. 100 per share, totaling Rs. 100 million, with NIMB S Capital appointed as the sales manager.
Pashupati Renewables has requested approval for 1,440,000 shares at Rs. 100 per share, totaling Rs. 144 million, with NMB Capital as its sales manager.
All five companies will be able to proceed with the IPOs for the general public only after receiving approval from the Nepal Securities Board.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
