Public Issue Worth Rs. 30.35 Billion Approved By SEBON In 2022/23

May 11, 2023 | Investopaper

Securities Board of Nepal (SEBON) has provided approval for the public issue worth Rs 30.35 billion in the current fiscal year 2022/23 [2079/80]. Altogether, Sebon has approved the issue of 48 companies. Of them, one company received the approval to issue the right share. 26 companies got permission from Sebon to sell ordinary shares or IPO to the general public. Likewise, 11 new mutual fund schemes along with debentures of 10 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 0.95 Billion

2. Ordinary Share: Rs 6.04 Billion

3. Mutual Funds: Rs 12.15 Billion

4. Debenture: Rs 11.2 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 2022 – Mid-April 2023)

(Rs. Million)

Types of Securities	Amount of Public Issue	Approval Date
A. Right Share	953.6
1. Radhi Bidyut Company Ltd.	953.6	4/9/2079
B. Ordinary Share	6049.4
1. Eastern Hydropower Ltd. (For Local and General Public)	124.0	4/9/2079
2. Khaptad Laghubitta Bittiya Sanstha Ltd.	13.2	4/10/2079
3.Srijanshil Laghubitta Bittiya Sanstha Ltd.	39.4	4/18/2079
4. Peoples Hydropower Company Ltd. (For Local and General Public)	800.0	5/21/2079
5. Barahi Hydropower Public Ltd. (For Local and General Public)	70.0	6/23/2079
6.Kalinchowk Darsan Limited (For Local and General Public)	120.0	7/23/2079
7.Asian Hydropower Ltd (For Local and General Public)	118.0	7/29/2079
8.Supermai Hydropower Ltd. (For Local and General Public)	100.0	8/1/2079
9.Super Madi Hydropower Ltd. (For Local and General Public)	315.0	8/1/2079
10.Maya Khola Hydropower Co. Ltd. (For Local and General Public)	340.0	8/1/2079
11.Shuvam Power Ltd. (For General Public) (16,00,000 units of shares already registered on 2074.12.28)	58.1	8/1/2079
12.Molung Hydropower Company Ltd. (For Local and Public)	353.1	8/15/2079
13.Makar Jitumaya Suri Hydropower Ltd. (For Local and General Public)	228.0	9/7/2079
14.Sanima Middle Tamor Hydropower Ltd. (For Local and General Public)	833.1	9/7/2079
15.BPW Laghubitta Bittiya Sanstha Ltd.	9.7	9/4/2079
16.Sagarmatha Jalbidhyut Company Ltd. (For Local and General Public)	548.8	9/17/2079
17.Aatmanirbhar Laghubitta Bittiya Sanstha (For General Public)	20.3	9/17/2079
18. Dolti Power Company Ltd.( For Local and General Public)	161.0	10/16/2079
19. Bhugol Energy Development Co. Ltd. (For Local and General Public)	163.2	10/16/2079
20. Menchhiyam Hydro Power Ltd. (For Local and General Public	162.8	10/19/2079
21. Ingwa Hydropower Ltd. ( For Local and General Public)	180.0	11/2/2079
22. Mai khola Hydropower Ltd. (For Local and General Public)	192.2	11/3/2079
23. Modi Energy Limited (For Local and General Public)	725.0	11/2/2079
24. Rawa Energy Development Limited (For Local and General Public)	84.0	11/25/2079
25. City Hotel Ltd. (For General Public)	167.4	12/5/2079
26. Three Star Hydropower Ltd. (For Local and General Public)	123.1	12/17/2079
C. Mutual Funds	12150.0
1.NMB Sulav Investment Fund – II (Close End)	1200.0	4/5/2079
2. Nabil Flexi Cap Fund (Open End)	750.0	5/27/2079
3. Sanima Growth Fund (Close End)	1200.0	5/28/2079
4.NIBL Growth Fund	1600.0	8/18/2079
5.Sunrise Focused Equity Fund	1200.0	8/19/2079
6.Prabhu Smart Fund ( Close End)	800.0	9/19/2079
7.NIBL Sahabhagita Fund ( Open End) (Additional New Units Approved)	1000.0	9/17/2079
8. Scheme 3 (Close End)	1200.0	11/3/2079
9. Kumari Sunalo Yojana (Close End)	1000.0	11/3/2079
10. Citizens Super 30 Mutual Fund (Close End)	1000.0	12/5/2079
11. RBB Mutual Fund 2 (Close End)	1200.0	12/5/2079
D. Debenture	11200.0
1. Everest Bank Ltd. (6yrs,10.5%, Everest Bank Ltd Rinpatra 2085) Bank Debenture 2088)	800.0	4/2/2079
2. Everest Bank Ltd. (10yrs,5.5%, Everest Bank Ltd Urja Rinpatra 2089)	800.0	4/2/2079
3. Bank of Kathmandu Ltd. (7yrs,10.5% BOK Debenture 2086)	440.0	4/13/2079
4. Himalayan Bank Ltd. (7yrs,10.5%,Himalayan Bank Ltd Bond 2086)	1000.0	4/13/2079
5. Kumari Bank Ltd. (10Yrs,11% KBL Debenture 2089)	1200.0	5/1/2079
6.Nepal Infrastructure Bank Ltd. (7Yrs,7%, NIFRA Urja Rinpatra 2085/86)	2000.0	7/24/2079
7.Standard Chartered Bank Nepal Ltd. (5 yrs, 10.30% Standard Chartered Bank Nepal Ltd Rinpatra)	960.0	8/29/2079
8.Global Ime Bank ( 5 years, 11.25%,”Global IME Bank Debenture 2084/85″	2000.0	9/28/2079
9. NMB Bank Ltd ( 10 Years, 10.75%,’ NMB Debenture 10.75%- 2089/2090″)	1600.0	11/18/2079
10. Mahalaxmi Bikas Bank Ltd ( 10 Years, 11%, Mahalaxmi Debenture 2089)	400.0	12/5/2079
Total	30352.9