Kathmandu. The Securities and Exchange Board of Nepal (SEBON) has allowed 7 companies to issue right shares and 4 companies to bring IPOs in the current fiscal year, up to 7 months, Magh.
According to data released by Nepal Rastra Bank, the Securities and Exchange Board of Nepal had allowed 7 companies to issue right shares worth 9.2965 billion rupees and 4 companies to bring IPOs worth 855 million rupees. Among them, 3 insurance companies and 4 hydropower companies are bringing rights shares, while 3 micro insurance companies and one manufacturing group company are bringing IPOs.
As of Magh of the current fiscal year, the following companies are Life Insurance Corporation (LIC Nepal), NLG Insurance and Neco Insurance, and Liberty Energy, Balefi Hydropower, Ngadi Group Power and Dordi Khola Hydropower Company.
The companies bringing IPOs are Guardian Micro Life Insurance, Nepal Micro Insurance and Crest Micro Life Insurance, and Om Megashree Pharmaceuticals Company. are.
Right shares and IPOs approved by the Securities and Exchange Board of Nepal as of Magh of the current fiscal year
