Five Companies Enter SEBON's IPO Pipeline with Share Issues Worth Rs. 1.90 Billion
Summary
SEBON has added five companies to its IPO pipeline, with share issues totaling 19,011,426 shares worth Rs. 1.90 billion. Four of the firms are hydropower companies, while Hotel Siraichuli Limited is the only hotel and tourism-sector applicant.
Key Points
- SEBON has placed five companies in its IPO pipeline seeking approval to issue 19,011,426 shares worth Rs. 1.90 billion.
- The applicants include Hotel Siraichuli Limited, Sasha Engineering Hydropower Limited, Peace Energy Company Limited, Unitech Hydropower Company Limited, and Moonlight Hydropower Company Limited.
- Four of the five companies are hydropower firms, and one is from the hotel and tourism sector.
- Moonlight Hydropower Company Limited has proposed the largest issue at 9,241,426 shares worth Rs. 924.14 million.
