Nepal Stock Market Sees Surge as SEBON Approves Multiple IPOs and One FPO
Kathmandu — Nepal’s capital market is gaining momentum as the Securities Board of Nepal (SEBON) has approved six companies to issue shares within the last month. This includes approvals for five Initial Public Offerings (IPOs) and one Further Public Offering (FPO), signaling renewed activity in the Nepal stock market.
After a brief slowdown caused by internal disruptions, IPO approvals in Nepal are now moving at full speed.
IPO Process Resumes After SEBON Staff Protest
For nearly two months, the IPO approval process was stalled due to a staff protest at SEBON, which affected daily administrative operations. As a result, several IPO applications remained pending.
According to a SEBON official, once the employee movement ended and administrative work resumed, the board began clearing the IPO pipeline.
“The IPO approval process had been temporarily halted due to staff protests. Now that operations are back to normal, companies that have completed all regulatory procedures are being approved,” the official stated.
Vijay Laghubitta Gets FPO Approval
On Mangsir 14, SEBON approved Vijay Laghubitta Bittiya Sanstha to issue an FPO in Nepal. The company has received permission to issue 466,817 shares, amounting to Rs. 46.68 million at a face value of Rs. 100 per share.
Although approval was granted nearly 10 days ago, the company has not yet announced the FPO opening date.
Five Companies Get IPO Approval from SEBON
In addition to the FPO, SEBON granted IPO approval to the following companies:
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Solu Hydropower IPO – Approved to issue 20 million shares at Rs. 100 face value
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Salpa Bikas Bank IPO – 1,723,880 shares
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Bhujung Hydropower IPO – 2 million shares
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Ridge Line Energy IPO – 2,607,000 shares
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Reliance Spinning Mills IPO – 1,155,960 shares
In total, these six companies have received approval to issue 27.95 million shares in the primary market.
Share Allocation Details
The approved shares will be distributed among:
Among the IPO-approved companies, Solu Hydropower has already completed share allotment for Nepalis working abroad and is now preparing to open its IPO for the general public.
Meanwhile:
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Bhujung Hydropower, Ridge Line Energy, and Salpa Bikas Bank are yet to open IPOs for foreign employment and local investors
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Reliance Spinning Mills IPO is currently open for Nepalis working abroad
What This Means for Nepali Investors
The recent approvals highlight a strong revival in Nepal’s IPO market, offering fresh opportunities for retail investors, foreign employment investors, and institutional participants.
With SEBON clearing pending applications, market observers expect an active phase ahead for:
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IPO investment in Nepal
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Primary market growth
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Capital market expansion
Investors are advised to closely follow IPO opening dates, company fundamentals, and SEBON notices as more offerings hit the market in the coming weeks.
