Upcoming IPO: Upakar Laghubitta(ULBSL) Issuing 2,36,250 IPO Shares From Chaitra 25 To All The General Public.

Upcoming IPO: Upakar Laghubitta(ULBSL)Issuing 2,36,250 IPO Shares From Chaitra 25 To All The General Public.

Upakar Laghubitta Bittiya Sanstha Limited(ULBSL) has distributed a deal letter to give an IPO. The IPO will open on 25th Chaitra and close on 29th Chaitra, 2078. On the off chance that not bought in by the early shutting date, the IPO will close on Baisakh 09, 2079.

The organization had presented an application to SEBON mentioning to issue 36% of its given capital as an IPO. The proposition was submitted on Shrawan 13. SEBON then supported the application on Chaitra 07.

Candidates can apply for at least 10 units to a limit of 1000 units.Nepal SBI Merchant Banking Limited has been selected the issue chief for the proposed IPO issue.

The organization has a sum of 6,56,250 enrolled portions of which 2,36,250 offers will be given in the forthcoming IPO. Along these lines, the IPO will raise an aggregate of Rs. 2,36,25,000 in settled up capital. Of the absolute open issue, 0.5%, for example 3,281 offers have been held for representatives while 5%, for example 11,813 offers for common assets. The excess 2,21,156 offers are then for the singular public.

 Upakar Laghubitta Bittiya Sanstha Limited(ULBSL)  posted a net benefit of Rs 18.84 million in the second quarter of the monetary year 2078/79.

Balephi Hydropower Limited(BHL) has opend IPO for General Public From 30th March.

 

Balephi Hydropower Limited(BHL) is opening its 18,27,970 units IPO offers to the overall population from sixteenth Chaitra, 2078 (today).

Balephi Hydropower Limited(BHL) has opened its IPO issue from 30th March.18,27,970 offers have been given at a standard worth of Rs. 100 for each unit. 4% of the absolute issue, for example 73,119 units have been designated for workers while 5%, for example 91,398 units have been designated for shared reserves. The rest 16,63,453 offers are for the singular public.

As per CDSC, 4,29,235 candidates have applied for a sum of 51,14,370 units. Consequently, the issue has previously been oversubscribed over 3.07 times on the principal day itself.

The base bid amount is 10 units while the most extreme is 1,00,000 units. IME Capital has been selected as the issue chief for the IPO issuance. ICRA Nepal Limited has evaluated the issue Double B, showing a moderate  default with respect to convenient adjusting of monetary commitments.

Here is some details about Balephi Hydropower Limited(BHL).

S.N	Balephi Hydropower Limited (BHL)	Details
1	Company Sector	Hydropower
2	Issue Manager	Global IME Capital Limited
3	Open IPO Date	27 Magh 2078
4	Close IPO Date	1 Falgun 2078
5	Total No of Units	18,27,970
6	Price per Unit	Rs 100
7	Suitable to Apply	10 Units
9	Maximum units apply	1000 units