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.
Upcoming Right Shares – Date Confirmed
1. Barun Hydropower Company
Sector: Hydropower
Date: 2022 Aug 22 – 2022 Sept 11
No of Shares: 2,679,075.
Ratio: 1:1
Amount of Share: Rs. 267,907,500
Issue Manager: RBB Merchant Banking
Upcoming Right Share in Nepal – Approved
1. Radhi Bidyut Company
Sector: Hydropower
No of Shares: 9,535,760.99
Ratio: 1:1.4752
Amount of Share: Rs. 953,576,099.00
Issue Manager: Muktinath Capital
Upcoming Right Share in Nepal – Pipeline
1. Narayani Development Bank
Sector: Banking
No of Shares: 2,624,676
Ratio: 1:1
Amount of Share: 262,467,600
Issue Manager: Global IME Capital
2. Arun Kabeli Power
Sector: Hydropower
No of Shares: 18,552,105.00
Ratio: 1:1
Amount of Share: 1,855,210,500
Issue Manager: Nabil Investment Banking
Right Share Pipeline Status Source – SEBON
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. However, 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