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
The price of gold decreased by 2 thousand 400 per tola in one day
Kathmandu. The price of gold and silver decreased in the Nepali market on Thursday. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has remained at Rs 284,700 per tola. The price of gold, which was tra...
The price of gold increased, how much do you need to buy one tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 2 thousand 100 rupees. According to the Nepal Gold and Silver Business Federation, today, per tola is being traded at 3 lakh five thousand 200 rupees. To...
General public can apply for IPO of Super Khudi Hydropower Limited from today
Kathmandu. Super Khudi Hydropower Limited has opened its initial public issue IPO sale to the general public from today. The company has issued a total of 12 lakh 86 thousand 500 ordinary shares for common investors. Out of the total shares issued...
Two Nepali farmers who were jailed for going to India to buy fertilizers were released on bail after 38 days
Kathmandu. Two Nepalese farmers from Sarlahi, who were arrested while going to India to buy chemical fertilizers for their fields, have been released after 38 days. Suresh Prasad Singh and Nagendra Prasad Singh of Balra Municipality-5 of Sarlahi w...
After the Rasuwa-Tatopani crossing was closed, Korla became an alternative gateway to China
Mustang. After the Rasuwagadhi-Kerung road section was blocked due to Rasuwa flood-landslide, after the Chinese government closed the Tatopani border crossing, the Nepali citizens and vehicles stopped in China were taken through Kerung crossing Dh...
Salary to government employees in 15 days now
Kathmandu. Government employees will now get salary and allowance within 15 days. The Ministry of Finance has issued a circular to provide salaries and allowances to government employees within 15, 15 days by taking a ministerial decision. In the...



