Upcoming IPO in Nepal is another topic for investors and participants in funding. Many 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.
Next Upcoming IPO in Nepal (2021/2078)
|Company Name||No. of Units||Open/Close Date|
|Reliable Life Insurance Ltd. (For general public @ Rs.212 along with premium Rs. 112)||60,00,000||Upcoming|
|Three Star Hydropower Ltd. (For Local and General Public)||12,31,250||Upcoming|
|Upakar Laghubitta Bittiya Sanstha Ltd.||2,66,250||Upcoming|
|River Falls Power Ltd. (For Local and General Public)||34,30,000||Upcoming|
|Molung Hydropower Company Ltd.(For Local and Public)||35,31,000||Upcoming|
|Rastra Utthan Laghubitta Bittiya Sanstha||8,50,000||Upcoming|
|CYC Nepal Laghubitta Bittiya Sanstha Limited||3,95,335.9704||Upcoming|
|Emerging Nepal Limited||5,55,600||Upcoming|
|Jalpa Samudayik Laghubitta Bittiya Sanstha Ltd||5,22,000||Upcoming|
|Sayapatri Hydropower Ltd.(For Local & Public)||9,00,000||Upcoming|
|Balephi Hydropower Ltd.(For Local & Public)||36,55,940||Upcoming|
|Green Ventures Ltd. (For Local & Public)||62,50,000||Upcoming|
|Upper Solu Hydro Electric Company (For Local & Public)||33,07,500||Upcoming|
|Dish Media Network Limited||23,85,929||Upcoming|
|Bindhyabasini Hydropower Development Co. Ltd.||25,00,000||Upcoming|
|Himalayan Hydropower Limited||22,50,000||Upcoming|
|Dordi Khola Jalbidhyut Co. Ltd. (For Local & Public)||29,51,929||Upcoming|
|Upper Hewakhola Hydropower Co. Ltd. (For Local & Public)||20,00,000||Upcoming|
|NESDO Sambridha Laghubitta Bittiya Sanstha Limited||8,28,750||Upcoming|
|IME Life Insurance Co Ltd.||60,00,000||Upcoming|
A new IPO is opening in Nepal with rapid speed. Companies are opening their IPO for the purpose of increasing their infrastructures, making profits or paying their debts of banks or government loans etc.
The IPO are next upcoming in Nepal and their dates are not fixed. Among them, some are approved and some are still in pipeline of SEBON.
In Nepal now in the year 2021, many companies have opened their IPO with the amount raised from local investors.
The companies of the microfinance sector like Jeevan Bikash Microfinance, Manakamana Smart Microfinance etc. have opened in the month of June 2021.
After it, an insurance company named Union Life Insurance Company opened its IPO on 8th July 2021.
Upcoming IPO in Nepal for Local People (2021/2078)
There are altogether 6 IPOs issued for locals and the general public in the month of Shrawan 2078. But, within the month of Shrawan, we have only 3 IPOs for the general public.
Madhya Bhottekoshi resumed its IPO from Shrawan 5 till Shrawan 17 in 1st phase. Tehrathum hydropower issued IPO for local people from Shrawan 5, 2078.
|Company Name (Local People)||No. of Units||Open Date|
|Nyadi Hydropower Limited||5,00,000||01 Bhadra 2078 to 15 Bhadra 2078|
|Buddha Bhumi Nepal Hydro Power Co. Ltd||4,00,000||32 Shrawan 2078 to 14 Bhadra 2078|
|Sahas Urja Company Ltd.||35,00,000||29 Shrawan 2078 too 11 Bhadra 2078|
|Samling Power Company Pvt. Ltd||5,00,000||22 Shrawan 2078 to 4 Bhadra 2078|
|Tehrathum Power Co. Ltd.||4,00,000||5 Shrawan 2078 to 19 Shrawan 2078|
|Madhya Bhotekoshi Jalvidyut Co. Ltd.||60,00,000||5 Shrawan 2078 to 17 Shrawan 2078|
Samling Power company is opening IPO for its local people for the residents of Illam district from Shrawan 22. It is closing on Bhadra 4, 2078
Upcoming IPO in Nepal for General Public (2021/2078)
Mailung Khola Hydropower company opened its IPO in the month of Shrawan 2078. It was issued on Shrawan 14, 2078 and closed on Shrawan 19, 2078.
As its close date was on Shrawan 18, but it was extended for one more day due to a problem of a power breakdown on Mero share servers.
|Company Name||No. of Units||Open Date|
|Tehrathum Hydropower Company Limited||8,00,000||09 Bhadra 2078 to 13 Bhadra 2078|
|Manushi Laghubitta Bittiya Sanstha Ltd.||3,93,750||27 Shrawan 2078 to 31 Shrawan 2078|
|Sanima Life Insurance Co. Ltd.||60,00,000||20 Shrawan 2078 to 24 Shrawan 2078|
|Mailung Khola Jal Vidhyut Co. Ltd.||7,36,286||14 Shrawan 2078 to 18 Shrawan 2078|
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.
Results of IPO in Nepal (2021/2078)
IPO issued companies publish their allotment results around a week or 10 days. They publish results after the allotment program is completed. The issue manager handles and manages all the application handling to result in phase.
|IPO Name||Result Date||Check Now|
|Manushi Laghubitta Bittiya Sanstha IPO Result (2021/2078)||7 Bhadra 2078|
|Sanima Life Insurance IPO Result Date 2021 (2078)||30 Shrawan 2078|
|Mailung Khola Hydropower IPO Result 2021 (2078)||26 Shrawan 2078|
|Union Life Insurance Company Limited IPO Result 2021(2078)||31 Ashad 2078|
|Manakamana Smart Laghubitta IPO Result 2021 (2078)||28 Ashad 2078|
|Jeevan Bikas Laghunitta IPO Result 2021 (2078)||23 Ashad 2078|
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.
Tehrathum Power Co. Ltd. is opening its IPO for the general public from 9 Bhadra 2078 to 13 Bhadra 2078. It is issuing 8Lakhs units of ordinary shares for the general public.
The ordinary shares with a face value of Rs 100 per share for the residents of the Tehrathum district. It is for the residents of the project affected areas.
|S.N||Tehrathum Power Co. Ltd.||Details|
|2||Issue Manager||NIBL Ace Capital Ltd|
|3||Open IPO Date||09 Bhadra 2078|
|4||Close IPO Date||13 Bhadra 2078|
|6||No of Units||8,00,000 (8 Lakhs)|
|7||Suitable to Apply||10 Units|
|8||For general public||8,00,000 (8 Lakhs)|
|10||Price per Unit||Rs 100|
|11||Suitable to Apply (Kitta)||10 Units|
|12||Rating by ICRANP-IR||Grade 4+ (Below Average)|
|13||Maximum units (Kitta)||1000 units|
The second (2nd) phase is for the general public. All people from different parts of the country can apply for IPO from any location in the country.
Sahas Urja Limited is going to open the IPO issue and sale from 27 Bhadra / July 12. The company is going to issue IPO for the residents of the project affected areas.
The company is going to issue 3.5 million ordinary shares at the face value of Rs 100 per share. The company’s IPO project is about to be evicted for the residents of the affected area of Solukhumbu district.
Manushi Laghubitta Bittiya Sanstha Limited is also the next IPO in Nepal after Sanima Life Insurance Company. It is a new IPO in Nepal opening in the month of August 11, 2021.
Similarly, Manushi Laghubitta is another Microfinance company issuing its IPO in the month of Shrawan. It is opening its IPO from Shrawan 27 and closing on Shrawan 31.
Sanima Life Insurance Company Limited is the next IPO in Nepal. It is a new IPO in Nepal opening in the month of August 04, 2021.
After Mailung Khola Hydropower, Sanima Life insurance is issuing its IPO from Shrawan 20, 2078. Its closing date is Shrawan 24, 2078.
The suitable number of units that can be applied is 10 due to lagers subscribers in the market.
Malung Khola Hydropower Company Limited is going to issue IPO to the public on 30 July 2021. The company is about to issue an IPO worth Rs 73.62 million. Accordingly, the company will issue 7,36,286 ordinary shares with a face value of Rs 100 per share.
|Malung Khola Hydropower||7,36,286||14 Shrawan 2078 to 18 Shrawan 2078|
Total Number of Shares: Out of the total shares to be issued, 2% or 14,726 shares have been issued to the employees and 5% or 36,814 shares have been issued to the collective investment fund. The general public will be able to apply for the remaining 6,84,746 units.
When to apply for the IPO?: The general public will be able to apply for the shares till 30 July 2021. If the full application is not received within that period, the application can be submitted till 11 July 2021.
You will have to apply for a minimum of 10 units of shares and a maximum of 1,00,000 units of shares.
Rating of IPO: Care Rating Nepal [ICRA-NP] has given Care NP De Issuer rating to the company in the rating given for the IPO issue. This indicates that the company has not fulfilled its financial obligations or cannot fulfil them quickly.
Issue manager: The issue and sale manager of the company is Siddhartha Capital Limited. The general public can apply from all CASBA member banks and financial institutions and their branch offices approved by the SEBON.
IPO Result: So, finally, the result of the Mailung Khola IPO is going to be published on 10th August of 2021 and Nepalese date 26 Shrawan 2078. The total number of subscribers getting Mailung Khola IPO Result allotted are 66, 874.
Closed IPO in Nepal on 2021
Similarly, hydropower companies have also opened their IPO in 2021.
- CEDB hydropower (CHDC Power),
- Madhya Bhotekoshi HydroPower for locals and the general public,
- Tehrathum Hydropower for both locals and the general public,
- Mailung Khola Hydropower etc.
They have successfully opened their IPO and now they are closed in the month of August 2021.
The list of IPO 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 Date|
|Jeevan Bikash Laghubitta Bittiya Sanstha Ltd.||19,77,300||11 Ashad 2078 to 15 Ashad 2078 (Closed)|
|Manakamana Smart Laghubitta Bittiya Sanstha Ltd.||3,89,000||17 Ashad 2078 to 21 Ashad 2078 (Closed)|
|Union Life Insurance Company Limited||64,50,000||24 Ashad 2078 to 28 Ashad 2078 (Closed)|
Closed IPO in Nepal on 2020
These are the fulfilled IPO in Nepal in 2020. The list of IPO with their Issue manager institutions and the Number of Units are expressed in the following table.
These IPO 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 IPO of different companies which have been allotted, fulfilled and closed in 2020 and 2021.
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 IPO 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 IPO 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.
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.