SEBON Approves Public Issue Worth Rs 61.66 Billion In FY 2077/78

August 27, 2021 | Investopaper

Securities Board of Nepal (SEBON) has provided approval for the public issue worth Rs 61.66 billion in the fiscal year 2020/21 [2077/78]. Altogether, Sebon has approved the issue of 61 companies. Of them, 7 companies received the approval to issue the right share. Likewise, 22 companies got the permission from Sebon to sell ordinary share or IPO to the general public. Likewise, nine new mutual fund scheme along with debentures of 23 companies also received the final approval from Sebon.

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The public issue amount approved by the Securities Board include:

1. Right Share : Rs 14.04 Billion

2. Ordinary Share : Rs 15.17 Billion

3. Mutual Funds : Rs 9.4 Billion

4. Debenture : Rs 23.04 Billion

The table below presents the list of companies those companies that received public issue approval from Sebon.

Public Issue Approval By SEBON

(Mid-July 2020 to Mid-July 2021)

(Rs. Million)

Types of Securities	Amount of Public Issue	Approval Date
A. Right Share	14049.7
1. Samriddhi Finance Ltd.	364	5/2/2077
2. Nepal Finance Ltd.	169.8	6/19/2077
3. Citizens Investment Trust	1359.3	9/2/2077
4. Narayani Development Bank	65.6	9/20/2077
5. Arun Valley Hydropower Company Ltd.	524.1	25/11/2077
6. Api Power Company Ltd.	567	1/19/2078
7. Hydroelectricity Investment and Development Co. Ltd.	11000	2078/02/29
B. Ordinary Share	15178.3
1. Reliance Life Insurance Co. Ltd.	630	4/16/2077
2. Samaj Laghubitta Bittiya Sanstha Ltd.	8.6	4/21/2077
3. General Insurance Co. Ltd.	300	5/24/2077
4. Sanima General Insurance Ltd.	300	6/5/2077
5. Chandragiri Hills Ltd.	184.1	7/28/2077
6. Prabhu Life Insurance Limited.	600	8/11/2077
7. Nepal Infrastructure Bank Ltd	8000	9/10/2077
8. Singati Hydro energy Ltd.	435	9/21/2077
9. Greenlife Hydropower Ltd.	349.6	10/2/2077
10. Mahila Laghubitta Bittiya Sanstha Ltd.	40	10/8/2077
11. Ru Ru Jalabididhyut Pariyojana Ltd.	81.5	10/21/2077
12. Jyoti Life Insurance Co. Ltd.	660	7/11/2077
13. CEDB Hydropower Development Co. Ltd.	251.8	1/2/2078
14. Madhya Bhotekoshi Jalavidhyut Co. Ltd.	1500.0	1/5/2078
15. Jeevan Bikash Laghubitta Bittiya Sanstha Ltd.	197.7	2078/02/30
16. Manakamana Smart Laghubitta Bittiya Sanstha Ltd.	38.9	3/6/2078
17. Tehrathum Power Co. Ltd.	120	3/10/2078
18. Union Life Insurance Co. Ltd.	645	3/13/2078
19. Mailung Khola Jal Vidhyut Co. Ltd.	73.6	3/23/2078
20. Sanima Life Insurance Ltd.	600	3/31/2078
21. Manushi Laghubitta Bittiya Sanstha Ltd.	39.4	3/31/2078
22. Samling Power Co. Ltd.	123	3/31/2078
C. Mutual Funds	9400
1. NIC Asia Dynamic Debt Mutual Fund	1000	7/21/2077
2. Sanima Large cap Fund	1200	9/14/2077
3.Kumari Equity Fund	1000	3/11/2077
4. Sunrise Bluechip Fund	1250	18/11/2077
5. NIBL Samriddhi Fund II	1500	3/1/2078
6. Prabhu Select Fund	1250	13/01/2078
7. NIC Asia Select-30	1000	31/01/2078
8. Siddhartha Systematic Investment Scheme	200	2/27/2078
9. RBB Mutual Fund 1	1000	3/10/2078
D. Debenture	23040
1. Siddhartha Bank Ltd.	1200	6/1/2077
2. Bank of Kathmandu Ltd.	640	7/24/2077
3. Sanima Bank Ltd.	1600	7/27/2077
4. Nepal Investment Bank Ltd.	1600	8/18/2077
5. Manjushree Finance Ltd.	200	9/26/2077
6. Prime Commercial bank Ltd.	1400	9/26/2077
7.Kamana Sewa Bikas Bank Ltd.	400	10/2/2077
8.Agricultural Development Bank Ltd.	2400	10/4/2077
9.NCC Bank Ltd.	1200	10/5/2077
10.Global IME Bank Ltd.	1200	16/11/2077
11. Nepal Bank Ltd.	1400	13/12/2077
12.NMB Bank Ltd.	800	5/1/2078
13. NMB Bank Ltd.	600	5/1/2078
14. Shangrila Development Bank Ltd.	300	6/1/2078
15. Prabhu Bank Ltd.	1600	6/1/2078
16. Rastriya Banijya Bank Ltd.	1000	22/01/2078
17. Nabil Bank Ltd.	1200	11/2/2078
18. NIC Asia Bank Ltd.	1200	20/02/2078
19. Jyoti Bikas Bank Ltd.	600	27/02/2078
20. Muktinath Development Bank Ltd.	500	8/3/2078
21. Agricultural Development Bank Ltd.		3/10/2078
22. Laxmi Bank Ltd.	800	3/15/2078
23. Machhapuchhre Bank Ltd.	1200	3/16/2078
Total	61668