KATHMANDU, Jan. 13 -- 13 hydropower companies, 6 microfinance companies, one merchant banker going to public to mobilize capital
Twenty-one companies are seeking approval of the Securities Board of Nepal (Sebon) to float their primary shares worth Rs 3.42 billion.
Among them, 13 companies are from hydropower sector, six microfinance companies, one investment company and one merchant bank.
According to the data of the Sebon, applications for the initial public offering worth Rs 2.36 billion of 11 companies are under its preliminary review.
The biggest IPO is from Rasuwagadhi Hydropower Company Ltd with plans to float 10.26 million units of shares worth Rs 1.03 billion. Each share has been priced at Rs 100.
Another much-awaited IPO is fr...