The IPO allotment of Emerging Nepal Limited has concluded today at Carnival Restro and Meeting, Bijulibazar, Kathmandu. 

Emerging Nepal Limited issued 5,55,600 units worth Rs 5.55 crore as Initial Public Offering to the general public from Magh 26 to Falgun 1, 2078. 

Out of the offered 5,55,600 units; 2% of the total offered shares to the general public i.e. 11,112 units were set aside for the employees of the company and 5%, i.e. 27,780 units for mutual funds. The remaining 5,16,708 units were for the general public.

NIC Asia Capital Limited was the issue manager for this IPO Issue.

The issue had received applications from 23,28,706 valid applicants who had applied for a total of 2,64,01,970 units….

Read full article at

Leave a Reply

Your email address will not be published.

You May Also Like

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…

IPO of Emerging Nepal Limited Oversubscribed 40.58 Times by 18,02,182 Applicants, IPO Closes on Sunday – |

Emerging Nepal Limited has issued 5,55,600 units worth Rs 5.5 crore as Initial…

Dolti Power Company appoints NIC ASIA Capital as issue manager to float shares in IPO; 4.5 MW project to go public – |

Dolti Power Company has appointed NIC ASIA Capital as the issue manager…

IPO of Emerging Nepal Limited Closes With 24,15,919 Profit-Hungry Applicants – |

Emerging Nepal Limited has closed its IPO issue today. The investment company…