In the financial year 2079/80, the Securities Board of Nepal (SEBON) achieved a remarkable milestone by approving initial public offerings (IPOs) worth over 22 billion rupees. This surpasses the previous record set in the financial year 2077/78, when SEBON allowed IPOs worth 15 billion 18 crores. Chairman Ramesh Hamal led the effort, breaking the previous record set during Bhishma Raj Dhungana’s tenure.
Highlights:
- “Indian Markets Hit Fresh Record Highs with Sensex Gaining 474 Points, Nifty Nearing 20,000; ITC Joins Rs 6 Trillion Market Cap Club”
- The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.
- The government’s spending exceeds its revenue by Rs 1.56 Kharba.
- The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.
- Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE