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
50 thousand shares of Nepal Life in the auction, everyone can buy
Kathmandu. Nepal Life Insurance Company Limited has auctioned 50,000 shares of the founder group. The company has put the shares in auction so that any interested and qualified person, company, organization can buy them.
The minimum price pe...
The price of the US dollar exceeded 152 rupees, how many other currencies?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 151 rupees 56 paisa and the selling rate is 152 rupees 16 paisa. Similarly, the...
Here is the foreign currency exchange rate today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the National Bank, the buying rate of one US dollar has been fixed at 151 rupees 28 paisa and the selling rate is 151 rupees 88 paise. Simil...
The prices of the US dollar and the euro have increased; what about the others?
Kathmandu. Today, the prices of the US dollar and the euro have increased. According to the Nepal Rastra Bank, the buying rate of one US dollar today is 151.85 and the selling rate is 152.45. On Monday, the buying rate was 151 rupees 56 paisa and...
Another 18 industries were cut
Kathmandu. Nepal Electricity Authority has cut the lines of 18 more industries amid the trunk and dedicated line tariff disputes. The authority cut the line of that industry on Friday evening. According to Rajan Dhakal, spokesperson of the authori...
2 million shares of Bhujung Hydropower IPO coming
Kathmandu. Nepal Securities Board Sebon has given permission to Bhujung Hydropower Limited to issue an initial public issue IPO to the general public. Sebon has given approval to the company to issue 2 million shares w...



