Nepal’s stock market, NEPSE, is on the cusp of significant developments with several upcoming IPO (Initial Public Offerings) that promise to reshape the investment landscape. In this article, we explore a series of IPOs scheduled to debut in 2080 BS (2023 AD), spanning industries such as insurance ,hydropower. These IPOs offer investors an exciting opportunity to participate in the growth of Nepal’s economy. Let’s delve into the details of each IPO, their timelines, and the issuing companies involved.
List of Upcoming IPO in 2080/2023
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IME Life Insurance Company Limited – (IPO):
- Share Type: Ordinary
- Units: 9,600,000
- Opening Date: 2080-03-20 BS
- Closing Date: 2080-03-24 BS
- Issue Manager: CIVIL CAPITAL MARKET LIMITED
IME Life Insurance Company Limited is preparing to launch its IPO, presenting 9,600,000 ordinary shares to the public. This IPO opens doors for investors seeking to tap into the flourishing insurance sector in Nepal. With Civil Capital Market Limited overseeing the issue, this IPO has garnered significant interest from investors eagerly anticipating the opening date.
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Upper Syange Hydropower Limited – Ordinary Shares:
- Share Type: Ordinary
- Units: 539,500
- Opening Date: 2080-03-10 BS
- Closing Date: 2080-03-13 BS
- Issue Manager: SIDDHARTHA CAPITAL LIMITED
Upper Syange Hydropower Limited’s IPO is set to offer 539,500 ordinary shares, providing investors with a chance to contribute to Nepal’s renewable energy sector. With Siddhartha Capital Limited acting as the issue manager, this IPO has generated significant buzz among investors eager to participate in the growing demand for clean energy solutions.
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Upper Lohare Hydropower Company Ltd. – Local Shares:
- Share Type: Local
- Units: 509,804
- Opening Date: 2080-03-07 BS
- Closing Date: 2080-03-21 BS
- Issue Manager: NIC ASIA CAPITAL LIMITED
Upper Lohare Hydropower Company Ltd. aims to encourage local participation by offering 509,804 shares specifically reserved for individuals affected by the company’s projects. This initiative presents an opportunity for community members to invest in their local hydropower company. Managed by NIC ASIA CAPITAL LIMITED, this IPO has gained attention for its inclusive approach to wealth creation and community development.
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Upper Lohare Hydropower Company Ltd. – Migrant Workers Shares:
- Share Type: Migrant Workers
- Units: 198,824
- Opening Date: 2080-03-07 BS
- Closing Date: 2080-03-21 BS
- Issue Manager: NIC ASIA CAPITAL LIMITED
Upper Lohare Hydropower Company Ltd. further extends its reach by offering 198,824 shares specifically designated for migrant workers residing abroad. This unique opportunity allows Nepali workers overseas to invest in their homeland’s hydropower potential. The involvement of NIC ASIA CAPITAL LIMITED as the issue manager emphasizes their commitment to facilitating investment opportunities for migrant workers.
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Three Star Hydropower Limited – Ordinary Shares:
- Share Type: Ordinary
- Units: 613,162
- Opening Date: 2080-03-05 BS
- Closing Date: 2080-03-08 BS
- Issue Manager: HIMALAYAN CAPITAL LIMITED
Three Star Hydropower Limited’s IPO offers 613,162 ordinary shares to investors, providing an avenue to capitalize on Nepal’s growing hydropower market. With HIMALAYAN CAPITAL LIMITED overseeing the issue, this IPO attracts investors seeking opportunities in the renewable energy sector.
Conclusion:
The upcoming IPO in Nepal’s stock market present a host of investment opportunities across various sectors. From the insurance industry with IME Life Insurance Company Limited to the renewable energy sector with Upper Syange Hydropower Limited, Upper Lohare Hydropower Company Ltd., and Three Star Hydropower Limited, these IPOs offer diverse avenues for investors to participate in Nepal’s economic growth. As the NEPSE continues to evolve, these IPOs represent a chance for investors to capitalize on emerging trends and contribute to the nation’s development. Stay informed and seize the opportunity to be part of Nepal’s vibrant stock market by considering these upcoming IPOs in 2080 BS.