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

Most of the commercial banks have reduced the interest rate for the month of February, how much?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...

As the real estate business gradually declined, the revenue collection also decreased

Kathmandu. It has been found that real estate transactions are gradually decreasing across the country. As the turnover is decreasing, the revenue collection has also decreased. According to the Department of Land Management and Records, which kee...

The price of gold decreased by 18 thousand 800 per tola, how much is the transaction going on today?

Kathmandu. The price of gold has decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has decreased by 18 thousand 800 rupees per tola. Along with this, on Sunday, the pric...

Foreign Currency Exchange Rate: What is the price of US Dollar and Euro?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar has been fixed at 152 rupees 06 paisa and the selling rate has been fixed at 152 rup...

Are you exchanging foreign currency? View today's exchange rate (with list)

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 144 rupees 63 paisa and the selling rate is 145 rupees 23 paisa. The buying rate...

The search for those trapped in the Chilime Tunnel in Rasuwa continues: Rescue teams worked throughout the night to remove debris and debris.

Rasuwa The search and rescue of workers and technicians trapped in the Chilime tunnel area in Rasuwa has continued throughout the night. The rescue team continued to remove mud, mud and large debris accumulated near the tunnel throughout the night...