Sanima Mai IPO gets listed today, Kalika and Naya Nepal to be listed in first week of Magh

The Initial Public Offering (IPO) shares of Sanima Mai Hydropower Limited (SHPC) has finally been listed, according to highly placed sources at Nepal Stock Exchange Limited.

“We have signed the listing agreement with Sanima Mai executives today. Since the company’s chairperson is out of the country and the CEO is out of station, other officials came up with the mandate to ink the listing agreement,” the source told today.

Kalika & Sanima Mai Hydro IPO public share allotment result before Tihar

The allotment of IPO equity shares of Kalika Micro Credit Development Bank Limited and Sanima Mai Hydropower Limited will take place before Tihar.

Issue manager of Kalika Micro Credit, NMB Capital Limited and the issue manager of Samina Mai Hydropower told today.

Naya Nepal Lagubitta IPO closes today, oversubscribed by more than 16 times by day 3

The Initial Public Offering (IPO) of Naya Nepal Lagubitta Bikash Bank is closing today. It has already been oversubscribed by more than 16 times by the first three days of its issuance, according to NMB Capital, which is managing the IPO issue.

The microfinance development bank had floated 60,000 unit equity shares of face value Rs 100 each on October 3.

Naya Nepal Lagubitta IPO oversubscribed by more than 2 times on the first day

The Initial Public Offering (IPO) of Naya Nepal Lagubitta Bikash Bank was oversubscribed by more than two times in the first day of its issuance.

The microfinance development bank had floated 60,000 unit equity shares of face value Rs 100 each on October 3.

IPO shares - Overview of Naya Nepal Laghubitta Bikash Bank Limited (NNLBBL)

Dhulikhel based Naya Nepal Laghubitta Bikash Bank Limited (NNLBBL) is issuing IPO from 3rd October 2013 till 7th October 2013. NLBBL a D class micro finance company which is licensed to operate in 10 districts of mid and eastern region of the country. It is issuing 60,000 units of share worth Rs.6,000,000 for the ordinary public -including 1,200 units for the staffs of the company and 3,000 units for the mutual funds. However, no mutual funds have applied for the shares. An investor can apply for minimum 50 units and maximum for 5,000 units.

IPO shares issue of Naya Nepal Lagubitta Bikash Bank from October 3 to 7, 2013.

Naya Nepal Lagubitta Bikash Bank is opening its Initial Public Offering (IPO) from October 3.

As per the offer letter of the microfinance development bank, it has floated 60,000 unit equity shares of face value Rs 100 each.
NMB Capital is managing the IPO issue, which closes on October 7, but could be extended up to October 17.