Upcoming IPO in Nepal is another topic for investors and participants in funding. Due to the wave of Covid-19, this 2nd phase has shut all the marketplaces and limited transactions are being made physically.
This reason for online transactions has increased the number of users through online banking, net banking and Mero Share.
Many Upcoming IPOs in Nepal are approved by SEBON and they are ready in the pipeline for 2021. The following are the list of some upcoming IPOs in Nepal.
Upcoming IPO in Nepal
The list of IPOs with the Number of Units and opening and closing dates in Nepal 2078 (2021) is in the following table.
|Company Name||No. of Units||Open/Close Date|
|Jeevan Bikash Laghubitta Bittiya Sanstha Ltd.||19,77,300||25 June 2021 to 29 June 2021)(Closed)
11 Ashad 2078 to 15 Ashad 2078
|Manakamana Smart Laghubitta Bittiya Sanstha Ltd.||3,89,000||1 July 2021 to 5 July 2021
17 Ashad 2078 to 21 Ashad 2078
|Union Life Insurance Company Limited||64,50,000||8 July 2021 to 12 July 2021
24 Ashad 2078 to 28 Ashad 2078
|Tehrathum Power Co. Ltd.
(For Locals and General Public)
|12,00,000||5 Shrawan 2078 to 19 Shrawan 2078 (Upcoming)
20 July 2021 to 03 August 2021
|Madhya Bhotekoshi Jalvidyut Co. Ltd.(For Local) (For the general public)||1,50,00,000||5 Shrawan 2078 to 17 Shrawan 2078|
|Mailung Khola Jal Vidhyut Co. Ltd.||7,36,286||14 Shrawan 2078 to 18 Shrawan 2078|
|CYC Nepal Laghubitta Bittiya Sanstha Limited||3,95,335.9704|
|Sanima Life Insurance Co. Ltd.||60,00,000|
|Manushi Laghubitta Bittiya Sanstha Ltd.||3,93,750|
|Buddha Bhumi Nepal Hydro Power Co. Ltd||12,00,000|
|Samling Power company Pvt. Ltd||12,30,000|
|Sahas Urja Ltd.||10,500,000|
|Sayapatri Hydropower Ltd.||9,00,000|
|Balephi Hydropower Ltd.||36,55,940|
|Green Ventures Ltd.||62,50,000|
|Upper Solu Hydro Electric Company||33,07,500|
|Mailung Khola Jal Vidhyut Co. Ltd.||7,36,286|
|Dish Media Network Limited||23,85,929|
|Bindhyabasini Hydropower Development Co. Ltd.||25,00,000|
|Himalayan Hydropower Limited||22,50,000|
|Dordi Khola Jalbidhyut Co. Ltd. (For Local & Public)||29,51,929|
|Upper Hewakhola Hydropower Co. Ltd. (For Local & Public)||20,00,000|
|NESDO Sambridha Laghubitta Bittiya Sanstha Limited||8,28,750|
|IME Life Insurance Co Ltd.||60,00,000|
Results of New IPO in Nepal
Fulfilled IPO of Companies in Nepal for 2020
These are the fulfilled IPOs in Nepal in 2020. The list of IPOs with their Issue manager institutions and the Number of Units are expressed in the following table.
These IPOs have been completed and their allocation and listing can be seen from the official website of NEPSE.
|Name||Sector||Number of shares issued|
|CEDB Hydropower Development Co.||others||2,518,230|
|Jyoti Life Insurance Co. Ltd.||Insurance||6,600,000|
|Ru Ru Jalabidhyut Pariyoajana Ltd||Hydropower||4,07,706|
|Mahila Laghubitta Bittiya Sanstha Ltd||Microfinance||4,00,000|
|Greenlife Hydropower Ltd||Hydropower||34,96,400|
|Singati Hydro Energy Ltd||Hydropower||4,350,000|
|Nepal Infrastructure Bank Limited||Banking||80,000,000|
|Prabhu Life Insurance Limited||Insurance||6,000,000|
|Chandragiri Hills Limited||other||18,40,910|
|Sanima General Insurance Ltd.||Insurance||3,000,000|
|General Insurance Company Nepal||Insurance||3,000,000|
|Mountain Energy Nepal Ltd.||Hydropower||1968027|
|United Idi Mardi and RB Hydropower Ltd.||Hydropower||873910|
|Samaj Laghubitta Bittiya Sanstha Ltd||Microfinance||86000|
|Reliance Life Insurance Co. Ltd||Insurance||6,300,000|
|Ajod Insurance Limited||Insurance||3,000,000|
|Sadhana Laghubitta Bittiya Sanstha
|NRN Infrastructure and Development Ltd.||Others||3398046|
|Nepal Re-Insurance Co. Ltd.||Insurance||16000000|
|Liberty Energy Co. Ltd. (Including 10% of issued capital issued to Local
|NIC Asia Laghubitta Bittiya Sanstha Ltd.||Microfinance||4755000|
Those were some IPOs of different companies which have been allotted, fulfilled and closed in 2020 and 2021.
IPO stands for initial public offering. It’s the very first sale of a stock issued by a company on the public market, which essentially means you’re turning your private company into a public one. So, when it’s private, a company is normally owned by a small number of investors.
That usually consists of people like you, your friends or parents, plus professional investors like a venture capital firm. Once the company goes public, you’re opening up that business to be owned by a large number of people.
FAQs of New IPO in Nepal
Now, let us see some mostly asked questions by the readers. Some of the frequently asked questions (FAQ) are given below
Those IPOs were on suspension and still were in the pipeline of the Securities Board of Nepal.
Now, slowly they are removing the suspension and start the opening of IPOs in Nepal. After the end of the Lockdown and the announcement of the Smart Lockdown by the government inside the country.
Those companies which are permitted by SEBON to issue their next IPO in the month of Ashad, 2078 or June 2021.
1. How can I apply for IPO in Nepal with Mero share?
- Log into Mero share using your credentials.
- From the menu on the left, go to My ASBA –>Current Issue.
- Click Apply next to the IPO you want to apply for.
- Fill up Applied Quantity.
- Enter your CRN number accurately.
- Click on Apply.
2. Is IPO upcoming in Nepal closed?
Therefore, the IPO opening is currently stopped verification by SEBON due to the crowd of customers in banks. SEBON has not closed or suspended the IPO opening in Nepal. Don’t follow the fake news. After smart lockdown, IPO is releasing gradually one by one.