Five Companies Apply for IPO Approval at SEBON, Over Rs 1 Billion in Pipeline

Kathmandu — Five companies have submitted applications to the Securities Board of Nepal seeking approval to issue Initial Public Offerings (IPOs), collectively proposing shares worth over Rs 1 billion.Among the applicants, Budhanilkantha Heritage Limited has sought permission to issue 4.95 million shares worth Rs 495 million at a face value of Rs 100 per share. The issue will be managed by Global IME Capital. Similarly, National Biotech Limited has applied to issue 1 million shares worth Rs 100 million, with NIMB Ace Capital Limited appointed as the issue manager.Sabhapokhari Hydropower Limited has proposed an IPO of 1.075 million shares worth Rs 107.5 million. The company has appointed RBB Merchant Banking Limited as its issue manager. In the renewable energy segment, Pashupati Renewables Limited has applied to issue 1.44 million shares worth Rs 144 million, with NMB Capital Limited as the sales manager.Likewise, Eastern Sahara Company Limited has sought approval to issue 2.75 million shares worth Rs 275 million at a face value of Rs 100 per share. Global IME Capital has been appointed as the issue manager for this offering as well.All five companies have proposed IPOs at a standard face value of Rs 100 per share. The Securities Board of Nepal will review the applications and grant approval based on regulatory requirements and compliance.