Sunday, 25 September 2022

Barun Investments Limited will be issuing IPO of Rs.15 crores to the general public.

Barun Investments Ltd to issue IPO for the general public worht RS.15 Lakkh. Barun Investments Ltd has published an offer letter to give its IPO to the general public.

Barun Investments Limited will be issuing IPO for the general public. Barun Investments Limited will be issuing 15 lakh shares worth Rs.15 crores to the general public.

Barun Investments Limited has appointed Global IME Capital Limited to issue IPO for the general Public. Regarding this, an agreement was signed between Mr Paras Mani Dhakal, Chief Executive Officer of Global IME Capital and Mr Shiva Prasad Ghimire, Chairman of Barun Investments Limited.

Now, only Barun Investments Limited has to apply to the Securities Board of Nepal(SEBON). If SEBON approved the IPO offer, then the company will be issuing shares to the general public worth Rs. 15 crores.

Barun Investments Limited currently has paid up of Rs. 40 crores but after issuing the IPO the company will have paid up capital of Rs. 55 crores.

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Wednesday, 7 September 2022

Sikles Hydropower Limited (SLHL) to issue IPO for the general public from 29th Bhadra to 2nd Ashwin.

 



Sikles Hydropower Limited (SLHL) to issue IPO for the general public from 29th Bhadra to 2nd Ashwin. Sikles Hydropower Limited (SLHL) has published an offer letter to give its IPO to the general public.

Sikles Hydropower Limited (SLHL) will issue IPO for the general public from 29th Bhadra to 2ndAshwin. If not oversubscribed the date of applying will extend to the 12thAshwin. Sikles Hydropower Limited (SLHL) will be giving 11,50,000 shares worth Rs.11.50 Crores to the general public which is 36% of the company's issued capital. In this issue, Sikles Hydropower Limited (SLHL) has allocated 34,500 units i.e. 3%%to its employee, likewise, 57,500 units i.e. 5% units to mutual funds and the remaining 10,58,000 units shares i.e. 92% have been allocated for the general public which worth Rs. 10.58 crores.

BOK Capital Marke will be the issue manager of Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLBSL) IPO. CARE Ratings Nepal Limited (CRNL) has given " ‘CARE-NP BB+ (Is) [Double B Plus (Issuer Rating)]" to Sikles Hydropower Limited (SLHL) which means that it has a moderate risk for investing.

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