Upcoming IPOs in Nepal 2024 After July

Hello friends. Welcome everyone here to today's new post. If you invest in the stock market of Nepal and invest in IPs or any other stock markets, then in today's article I will inform you about some major IPOs, right share, FPO, and local IPO stocks coming in Nepal. In which you can invest.

You should be well-informed while investing in the stock market and participating in new IPOs. Today we will discuss major IPOs and other stocks coming to Nepal in 2024. From this article, you will get information about how to invest in these stocks and how to get benefits.

The stock market in Nepal is growing day by day and many new companies are issuing their shares to the public. This has created many opportunities for investors. Let us now take a detailed look at some major IPOs and other stocks coming in in 2024.

So some of the major IPOs, Local IPOs, Right Share, and FPOs coming to Nepal in the coming days are as follows:

Initial Public Offering (IPO) for the General Public:

1. Menchhiyam Hydropower Power Limited.

Menchiam Hydropower Power Limited is a leading company in Nepal producing electricity from water. It aims to provide clean energy and support the energy needs of the country. The company focuses on responsible use of natural resources while helping local communities and promoting economic growth.

Issue Manager: NIC Asia Capital Limited.
Total Share Units: 1627750.00
Price Per Unit: Rs.100.00O
opening: .....
Closing: ......

2. Reliance Spinning Mills Limited.

Reliance Spinning Mills Limited located at Duhabi in Sunsari district of Nepal, is equipped with modern machinery from Himson International and Alidhra Textiles.

It has a research and development division that operates from a modern quality control center to ensure high-quality yarn. The laboratory uses advanced equipment to meet international standards.

The unit produces 2880 metric tonnes of polyester textured yarn annually, highlighting its focus on mass production with high levels of quality control.

Issue Manager: Global IME Capital Limited.
Total Share Units: 1155960.00
Price Per Unit: Rs.820.80
Opening: .....
Closing: ......

3. Suryodaya Womi Laghubitta Bittiya Sanstha Limited

Suryodaya Womi Laghubitta Bittiya Sanstha Limited is a licensed microfinance institution in Nepal. Registered under the Companies Act 2063 and operating since March 8, 2012, Suryodaya Womi provides financial services from its central office in Banepa, Kavre. Following a modified "Grameen" model, it aims for sustainable and profitable microfinancing while adhering to Nepal Rastra Bank's regulations.

Issue Manager: Kumari Capital
Total Share Units: 46729.545
Price Per Unit: Rs.100.00
Opening: July 19, 2024
Closing: July 23, 2024

Initial Public Offering (IPO) for the Local:

1. Manakamana Engineering Hydropower Limited.

Manakamana Engineering Hydropower Limited is a publicly listed company in Nepal. It is investing in its projects through local financial institutions and has completed the 5 MW Ghatkhola hydropower project. Having achieved significant achievements since 2014, it is currently planning a new hydroelectric project.

Issue Manager: B.O.K Capital Markets Limited
Issue Manager: B.O.K Capital Markets Limited
Price per Unit: Rs 100.00
Total Share Units: 800000.00
Opening: July 04, 2024, Ashadh 19, 2081
Closing: July 18, 2024, Shrawan 02, 2081

Initial Public Offering (IPO) for Foreign Employment:

1. Reliance Spinning Mills Limited.

Symbol: RSM
Issue Manager: Global IME Capital Ltd.
Issued Units: 115596.00
Price Per Unit: Rs.820.80
Opening Date: 2024-07-11
Closing Date: 2024-07-25

More IPOs are Coming Soon, Please check this post from time to time.......

Frequently Asked Questions About IPOs

Hey Guys, if you have any questions or confusion about IPOs, I have compiled some common questions and their answers here to make things easier for you. The FAQ is as follows:

1. What is an IPO?

An IPO (Initial Public Offering) is the process by which a private company offers its shares to the public for the first time. This allows the company to raise capital from public investors.

2. How can I apply for an IPO in Nepal?

You can apply for an IPO in Nepal using the ASBA system through your bank or a registered broker. Make sure you have a Demat account before applying.

3. What documents do I need to apply for an IPO?

To apply for an IPO, you typically need your PAN card, Demat account details, and a bank account linked to your Demat account.

4. How do I know if I have been allotted IPO shares?

You can check the IPO allotment status on the website of the issuing company or through your broker's platform.

5. What are the risks of investing in IPOs?

While IPOs can offer high returns, they also come with risks. The company's future performance is uncertain, and the stock price could be volatile after listing.

6. Can I sell my IPO shares immediately after listing?

Yes, you can sell your IPO shares after they are listed on the stock exchange. However, it's important to consider market conditions and the company's performance before selling.

7. How are IPO shares priced?

IPO shares are priced based on various factors, including the company's financial performance, market conditions, and investor demand. The price is usually set through a process called book building.

8. What is the lock-in period for IPO shares?

In some cases, there may be a lock-in period during which certain shareholders, like promoters, cannot sell their shares. This period is usually mentioned in the IPO prospectus.

Last Updated: July 16, 2024

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