Strictness in issuing IPO, if the net worth is less than 100 rupees, permission will not be given
Kathmandu. Nepal Securities Board Sebon has prepared to make the criteria for initial public issue IPO approval more stringent. The Board, while publishing the draft of the General Eligibility Guidelines for Public Offerings, 2083, proposed not to allow IPO issuance to companies with a net worth less than the nominal value per share.
According to the proposed system, companies with a net worth per share of less than Rs 100 will be ineligible for IPO. Earlier, based on the directives of the Public Accounts Committee under the previous House of Representatives, companies with a net worth of less than 90 rupees per share were not allowed to IPO. Now it has been proposed that the net worth should be maintained at the same level as the nominal value by making it more strict.
Express
Related News
Today's trading closed with a six percent rise in the NEPSE index
Kathmandu. Today's trading has been closed with the third consecutive positive circuit in the Nepal Stock Exchange NEPSE index. Today, the NEPSE index increased by 162.93 points to 2,875.43 points. This is an increase of six percent. On the first...
Federation's objection to industrialists' strike and preparation for power cut
Kathmandu. Federation of Nepal Chamber of Commerce and Industry (FNCCI) has expressed serious concern about the preparations to cut the power lines of the industries within the industrial area run by the Industrial Zone Management Limited and crea...
From now on, when the airline's aircraft are diverted, they will land at Bhairahawa
Kathmandu. In the event that Nepal Airlines Corporation planes could not land at Tribhuvan International Airport due to various reasons, now Gautam Budh International Airport will be used. Spokesperson Anil Ghimire inf...
Arun Valley Hydropower will give 5 percent bonus shares
Kathmandu. Arun Valley Hydropower Development Company Limited has proposed to distribute 5 percent bonus shares to shareholders and 0.263 percent cash dividend for tax purposes.
The meeting of the board of directors held on August 28 of the...
The market is full of people for Janaipurnima!
Kathmandu. Aiming at Janaipurnima, which falls on 12th of August, jaai are kept for sale in the market. For Janaipurnima, various shapes and types of janai are decorated in shops.
High growth in the stock market before the election, turnover above 6 billion
Kathmandu. Ahead of the election, the stock market is green. On Tuesday, the stock market index increased by 38.52 points to 2712.49 points. This is 1.44 percent more than the previous transaction. Today in the stock market, the share price of 254...



