March 24, 2023 | Investopaper
FPO, which stands for Follow-On Public Offering, is the process of issuing shares to the public by the company already listed on the stock exchange. If the company issues shares to the public for the first time, it is IPO (Initial Public Offering). FPO is any additional issue of shares by the company to the general public after the IPO.
At present, 6 companies are planning to float Follow-On Public Offering (FPO) at a premium price. All the companies are microfinance companies. These companies have submitted the application the Securities Board Of Nepal (SEBON) for the FPO issuance. Only after the approval from the board, the companies can issue the shares to the general public.
The table below presents the upcoming FPOs in Nepal.
Upcoming Follow-on Public Offerings (FPO) In Nepal
|FPO Price (‘Rs’)
|Kisan Laghubitta Bittiya Sanstha Ltd.
|Global IME Capital Ltd.
|Naya Sarathi Laghubitta Bittiya Sanstha Ltd.
|Sanima Capital Ltd.
|Mirmire Laghubitta Bittiya Sanstha Ltd.
|Civil Capital Market Ltd.
|Unique Nepal Laghubitta Bittiya Sanstha Ltd.
|Muktinath Capital Ltd.
|Unnati Sahakarya Laghubitta Bittiya Sanstha Ltd.
|Siddhartha Capital Ltd.
|Samata Gharelu Laghubitta Bittiya Sanstha Ltd
|RBB Merchant Banking Ltd.
Note: Click on the links of the respective companies to view their FPO information.
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