Stories Tagged 'Initial public offerings'
The country’s only reinsurance company to raise its paid-up capital to Rs10 billion from the existing Rs 8.40 billion
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A total of 21 companies have sought approval from the Securities Board of Nepal (Sebon) to make initial public offerings (IPOs) worth Rs4.66 billion. Among the applicants are 15 hydropower companies, four microfinance, one merchant bank and one investment company.
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Nepal Oil Corporation is mulling over issuing initial public offerings (IPOs) in a bid to increase its paid up capital to Rs30 billion.
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Nepal Reinsurance Company Limited (NRCL), the first of its kind in the country, is issuing initial public offerings (IPO) worth Rs1.28 billion to the public. The company is allotting 16 percent of its targeted paid up capital of Rs8 billion at the base rate of Rs100 per unit share to the general people.
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