Here is the list of upcoming right shares in Nepal that are in SEBON’s pipeline. These companies have submitted their initial application for the right share issue. After approval from the Securities Board of Nepal (SEBON), these companies can issue the right share to the public. You can also check out the list of Upcoming IPOs in Nepal.
Existing Right Share Issue – Date Confirmed
| Company | Scrip | Issued Unit | Date | Ratio |
|---|---|---|---|---|
| Terhathum Power Company | TPC | 4,000,000 | Asar 16 - Shrawan 4 | 1:1 |
| People's Power Limited | PPL | 3,163,000 | Asar 22 - Shrawan 11 | 1:0.5 |
| Joshi Hydropower Development Company | JOSHI | 2,414,100 | Shrawan 15 - Bhadra 4 | 1:0.65 |
Upcoming Right Shares – Approved
1. NLG Insurance Company (NLG)
Sector: Non-Life Insurance
No of Shares: 9,631,220.22 Units
Ratio: 10:6.6
Amount of Share: Rs. 963,122,022
Issue Manager: Laxmi Capital
2. Life Insurance Corporation Nepal Limited (LICN)
Sector: Life Insurance
No of Shares: 23,468,000.00 Units
Ratio: 1:0.88
Amount of Share: Rs. 2,346,800,000.00
Issue Manager: Nepal SBI Merchant
3. Liberty Energy Company Limited (LEC)
Sector: Hydropower
No of Shares: 7,500,000.00 Units
Ratio: 1:0.5
Amount of Share: Rs. 750,000,000.00
Issue Manager: Prabhu Capital
4. Balephi Hydropower (BHL)
Sector: Hydropower
No of Shares: 18,279,700.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,827,970,000.00
Issue Manager: NIMB Ace Capital
5. Neco Insurance (NIL)
Sector: Non-Life Insurance
No of Shares: 5,030,901.55 Units
Ratio: 1:1
Amount of Share: Rs. 503,090,155.00
Issue Manager: Sanima Capital
6. Dordi Khola Jal Bidyut Company
Sector: Hydropower
No of Shares: 10,542,604.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,054,260,400.00
Issue Manager: Sanima Capital
Upcoming Right Share in Nepal – Under Review
1. Barahi Hydropower (BHPL)
Sector: Hydropower
No of Shares: 2,500,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 250,000,000
Issue Manager: Muktinath Capital
2. Shiva Shree Hydropower (SSHL)
Sector: Hydropower
No of Shares: 14,764,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,476,400,000
Issue Manager: Citizens Capital
3. United Ajod Insurance (UAIL)
Sector: Non-Life Insurance
No of Shares: 3,150,000.00 Units
Ratio: 1:0.15
Amount of Share: Rs. 315,000,000
Issue Manager: Laxmi Sunrise
4. Sanima GIC Insurance (SGIC)
Sector: Non-Life Insurance
No of Shares: 5,000,000.00 Units
Ratio: 10:2.5
Amount of Share: Rs. 500,000,000
Issue Manager: Citizen Capital
5. CEDB Holdings (CHDC)
Sector: Investment
No of Shares: 5,636,591.98 Units
Ratio: 1:0.545
Amount of Share: Rs. 563,659,198
Issue Manager: Muktinath Capital
6. Prabhu Mahalaxmi Life Insurance (PMLI)
Sector: Life Insurance
No of Shares: 7,303,200.00 Units
Ratio: 1:0.17
Amount of Share: Rs. 730,320,000
Issue Manager: Siddhartha Capital
7. Prabhu Insurance (PRIN)
Sector: Non-life Insurance
No of Shares: 8,350,135.44 Units
Ratio: 1:0.5015
Amount of Share: Rs. 835,013,544
Issue Manager: NIC Asia Capital
8. River Falls Power (RFPL)
Sector: Hydropower
No of Shares: 7,000,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 700,000,000
Issue Manager: Prabhu Capital
9. Sun Nepal Life Insurance (SNLI)
Sector: Life Insurance
No of Shares: 10,696,320.00 Units
Ratio: 1:0.27
Amount of Share: Rs. 1,069,632,000
Issue Manager: Nepal SBI Merchant
10. Nepal Insurance Company (NICL)
Sector: Non-Life Insurance
No of Shares: 6,576,937.76 Units
Ratio: 10:4
Amount of Share: Rs. 657,693,776
Issue Manager: NIMB Ace Capital
11. Chhyangdi (CHL)
Sector: Hydropower
No of Shares: 3,869,775.00 Units
Ratio: 1:1
Amount of Share: Rs. 386,977,500
Issue Manager: BOK Capital
12. Barun Hydropower (BARUN)
Sector: Hydropower
No of Shares: 5,358,150.00 Units
Ratio: 1:1
Amount of Share: Rs. 535,815,000
Issue Manager :RBB Merchant
13. Rapti Hydro and General Construction (RHGCL)
Sector: Hydropower
No of Shares: 6,127,938.00 Units
Ratio: 1:1
Amount of Share: Rs. 612,793,800
Issue Manager : Muktinath Capital
14. Khani Khola Hydropower (KKHC)
Sector: Hydropower
No of Shares: 4,657,143.00 Units
Ratio: 1:1
Amount of Share: Rs. 465,714,300
Issue Manager : Citizens Capital
15. Asian Life Insurance (ALICL)
Sector: Life Insurance
No of Shares: 14,279,312.48 Units
Ratio: 1:0.42
Amount of Share: Rs. 1,427,931,248
Issue Manager :Muktinath Capital
Please refer to the official link here – Upcoming Right Share list as of 2081-10-30
What is Right Share?
Right Shares are the issuance of shares that can be only bought by existing shareholders. As the name suggests, only existing shareholders have the primary right to buy the share of that company. One needs to buy the share before the book close date to be eligible for applying right share. If issued right shares are not fully subscribed, they are old in the auction.
Also Read:
- 7 Mistakes To Avoid While Applying For IPO
- CASBA Charge of Nepali Banks
- Everything You Need to Know About Collateral
- IPO Allotment Process in Nepal
- Upcoming FPO in Nepal