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
What is the foreign currency exchange rate in dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currencies for today. According to the new rate determined by the Central Bank, today the buying rate of one US dollar is 152 rupees 60 paisa and the selling rate is...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed rate, the buying rate of one US dollar is 144 rupees 02 paisa and the selling rate is 144 rupees 62 paisa.
Similarly, t...
IPO sale of Bhujung Hydropower is open, how many shares can be filled?
Kathmandu. Bhujung Hydropower Limited has opened the IPO sale for the public from January 12 today. The company has issued the IPO and distributed it to local residents affected by the project and Nepalese who have gone abroad for employment, and...
Drop in gold prices, how much per tola on Monday?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 1 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 99 thousand 700 per tola today....
Fuel prices have increased from India, but will not increase immediately in Nepal
Kathmandu. Indian Oil Corporation IOC has increased the price of petroleum products sold to Nepal. According to the new price list sent by IOC to Nepal Oil Corporation on Wednesday, petrol per liter has increased by Rs 20.44 paise, diesel by Rs. S...
Today's foreign currency exchange rate: what is the price of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 150 rupees 88 paise and the selling rate is 151 rupees 48 paise.



