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.

Sanima Mai Hydropower & Kalika Micro credit IPO allotment slips and cash refund from Nov 10.

Sanima Mai Hydropower Company Limited  and Kalika Micro Credit Development Bank Limited are distributing the allotment slip of their IPOs to the allottees and cash refund to those do did not get the scrip from Nov 10.

Kalika Micro Credit IPO results; shares allotted flatly at 1.647 percent

The allotment of IPO equity shares of Kalika Micro Credit Development Bank Limited has taken place today.

As 56.02 percent of the applicants were from the small group, the allotment was made flatly at 1.647 percent, and the applications for up to 550 units were put to lottery.

IPO public shares result of Sanima Mai Hydropower Ltd & Kalika Micro Credit Dev. Bank Ltd on Friday

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

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.

Kalika Micro Credit’s IPO closes today, oversubscribed by 8.5 times in just 3 days

Kalika Micro Credit Development Bank Limited has announced that it will close its IPO today.

“We received more than Rs 17 crore for the IPO by yesterday,” Kamal Nepal of NMB Capital Limited, the issue manager, told ShareSansar.com. “Today we expect the IPO to draw more amount than the total money collected in the past three days, as the most of the bigger investors and financial institution apply in the last day.”

NEPSE one months low at 538.31

Extending further its loss, Nepal Stock Market plunged by an additional 3.2 points today. With today’s drop, the market index has come to settle at one month lowest level of 538.31.

Citing yesterday’s tumble of more than seven points, the investors’ sentiment got further dampened today attributing to more liquidation of position in the market.

Kalika Micro Credit’s IPOs oversubscribed by 2.5 times in just two days

Kalika Micro Credit Development Bank Limited’s IPOs have been oversubscribed by more than 2.5 times in just two after they were floated to the general public.

“The IPOs of Kalika Micro Credit was oversubscribed by more than 2.5 times by Friday,” Kamal Nepal of NMB Capital Limited, the issue manager, told ShareSansar.com today. “The IPO units worth above Rs 5 crore and 41 lakh have already been subscribed.”

IPO issue of Kalika Micro Credit Development Bank Limited opens today

Kalika Micro Credit Development Bank Limited is issuing two lakh unit IPOs from today.
The micro credit development bank has stated that the issuance of the IPO will continue until September 23, but it could be extended up to October 3.

Of the two lakh IPOs being floated in the market at the rate of Rs 100 per unit, 4,000 units are reserved for its staff and 10,000 units have already been allotted to the mutual funds.

IPO Issue: Overview of Kalika Micro Credit Development Bank Limited

Waling, Syangja based Kalika Micro Credit Development Bank Limited is floating a total of 200,000 units of shares worth Rs.20,000,00 from 3rd Ashwin 2070 to 7th Ashwin 2070. A total of 4,000 units are set aside for the employees of the bank and 10,000 units for two mutual funds i.e. 5,000 units each for Siddhartha Mutual Fund and Nabil Balanced Fund and the general public can apply for the remaining 186,000 units. An investor can apply for a minimum 20 units and 5,000 units maximum. NMB Capital Limited is the issue manager of the IPO of the bank.

IPO Share issue of Kalika Micro Credit Development Bank Limited from Sept 19

Kalika Micro Credit Development Bank Limited has published an offer letter to issue 2 lakh unit IPO shares to the general public from September 19 to September 23.

The newly established micro credit development bank has stated that the issuance of the IPO can be extended up to October 3.