Securities Board of Nepal Divides IPO Pipeline Companies into 6 Stages
Summary
The Securities Board of Nepal has divided 117 companies in the IPO pipeline into six stages, with applications worth Rs 71.42 billion under review. The largest group, 76 companies, is still at the application registration stage, while two firms are in the final approval stage.
Key Points
- The Securities Board of Nepal has classified 117 IPO-bound companies into six stages based on their review status.
- A total of 51.09 crore shares worth Rs 71.42 billion are in the pipeline, including companies from hydropower, manufacturing, tourism, and insurance.
- Two companies — Ashutosh Energy Limited and Kantipur Pharmaceuticals Lab Limited — are in the final review stage and may get approval soon.
- The largest group, 76 companies, is still at the initial application registration stage.
