A total of 80 companies are in the pipeline to issue Initial Public Offerings (IPOs) worth Rs 49.48 billion, reported the state-owned news agency RSS, citing the Securities Board of Nepal (SEBON), the country’s capital market regulator.

Additionally, six listed companies are in the process of issuing Further Public Offerings (FPOs) to increase their capital.

The 80 companies span various sectors and have proposed issuing a total of 341.9 million units of shares.

Sector-Wise Breakdown:

Hydropower: The largest representation comes from the hydropower sector, with 40 companies aiming to raise Rs 16.41 billion by issuing 163.6 million units of shares.

Manufacturing and Processing: Fifteen companies – including Accord Pharmaceuticals Limited, Surya Cement Industries Limited, and Riddhi Siddhi Cement Limited – belonging to this sector aim to raise Rs 22.68 billion through the issuance of 91.67 million units of shares.

Hotel and Tourism: Seven companies in this sector plan to raise Rs 3.31 billion through the issuance of 35.36 million units of shares. Among them are Apex Hospitality Limited, Hotel Forest Inn Limited, and Annapurna Cable Car.

Investment Sector: Three companies – Varun Investment Limited, Seed Energy Limited, and Shivam Holdings Limited – aim to raise Rs 2.84 billion through the issuance of 15.67 million units of shares.

Microfinance and Microinsurance: Swastik Laghubitta Bittiya Sanstha Limited is set to issue an IPO in the microfinance category. Meanwhile, four microinsurance companies, including Crest Microlife Insurance Limited and Nepal Micro Insurance Company Limited, have also applied to issue IPOs. The companies in these sectors aim to raise Rs 908 million through the issuance of 9.08 million units of shares.

Miscellaneous Sectors: Ten companies from various industries, including Kantipur Television Network Limited and IME Limited, are also in the pipeline, aiming to raise Rs 3.32 billion through the issuance of 26.5 million units of shares.

RSS