Skip to main content

Posts

Showing posts from March, 2021

Ruru Hydro to issue ipo from Chaitra 20 2077

There is another IPO is knocking at your door, which is good news for the investors who are eagerly waiting to invest their investment at the initial public offering. RURU JALABIDHYUT PARIYOJANA LIMITED is going to issue the primary shares to the general public from April 2 nd  2021. Ruru Hydropower is going to issue. This company is going to issue 379167 shares to the general public after the allocation to the mutual fund and the employees of the company. This company has already issued the shares to the locals people in the affected area. The issue manager and sales manager of the company is NMB capital limited.

Sarbottam Cement Limited IPO Issue | Sarbottam Cement IPO

Sarbottam Cement Limited is going to issue an initial public offering through book building. The company had given the estimated price to the Qualified Institutional Investors. The estimated price of the IPO is Rupees Seven Hundred Fifty (750) per unit which remains to be approved from QII. Before going for book building, the company has to make a statement to the QII as per Section 6 of the Book Building Directive, 2077, as per Schedule 5 of the Rules, and disclosure of the basis and justification of its estimated value and valuation in the said statement.  The company has already started work for the process. Bharat Babu Dahal ( CEO of Sarbottam Cement Limited) said that the company would apply to the Securities Board of Nepal  (Nepse) for the IPO issue  permission based on the price determined after the completion of the QII process. Sarbottam Cement will issue the Initial Public Offering with worth Rs. 40 Crore. QII will get 40% of total issued shares and Non Institutional Inve

Jyoti Life Insurance Company Limited IPO issue From 2077/11/21

Jyoti Life Insurance Company Limited  IPO issue From 2077/11/21 Jyoti life insurance company limited (jlicl) is going to issue 66 lakh initial public offering (IPO) from (21 falgun 2077). The early closing date of this ipo is 26 falgun . Care rating Nepal has given care np BBB (is) rating for this IPO.  (issuers with this rating are considered to offer a moderate degree of safety regarding timely servicing of financial obligations, in Nepal. Such issuers carry moderate credit risk) .this IPO is 30 percent of total authorized capital. 5% of 66 lakh ipo are allocated to mutual fund another 5 % of 66 lakh unit share are allocated to the employees of the company. Meanwhile, the general public will be applying for 594000 unit shares. The registered office of this insurance company is at Pokhara-9 Kaski and the central office of this company located at Shanta plaza, Kathmandu, Nepal. Many business personals are the promoter of this insurance company. The issue and sales manager of this IPO i