
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.
Currently Opened Right Shares – Date Confirmed
1. Synergy Power Development Company
DATE – ३ भदौ २०८० – २४ भदौ २०८०
Sector: Hydropower
No of Shares: 4,032,875.00 Units
Ratio: 2:1
Amount of Share: Rs. 403,287,500
Issue Manager: Sanima Capital Ltd.
2. Api Power Company Limited
DATE – ३१ साउन २०८० – १९ भदौ २०८०
Sector: Hydropower
No of Shares: 16,533,137.00 Units
Ratio:1: 0.40
Issue Manager: Muktinath Capital Limited
Upcoming Right Share in Nepal – Approved
1. Himal Dolakha Hydropower Company
Sector: Hydropower
No of Shares: 12,000,000 Units
Ratio: 1:0.75
Amount of Share: Rs. 1,200,000,000
Issue Manager: Laxmi Capital Market
2. National Hydropower Company
Sector: Hydropower
No of Shares: 8,221,459.72 Units
Ratio: 10:05
Amount of Share: Rs. 822,145,972
Issue Manager: Muktinath Capital
3. Arun Kabeli Power
Sector: Hydropower
No of Shares: 18,552,105.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,855,210,500
Issue Manager: Nabil Investment Banking Ltd.
4. Upper Tamakoshi Hydropower
Sector: Hydropower
No of Shares: 105,900,000 Units
Ratio: 1:1
Amount of Share: Rs. 10,590,000,000
Issue Manager: S=Citizen Investment Trust and Sunrise Capital Ltd.
5. Multipurpose Finance
Sector: Finance
No of Shares: 1,582,000.00 Units
Ratio: 1:0.35
Amount of Share: Rs. 158,200,000
Issue Manager: Muktinath Capital
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