Blogs
SEBON Preparing to approve Pipeline IPO that has been stopped for five months

The Securities Board Of Nepal (नेपाल धितोपत्र बोर्ड) plans to approve the public offering (IPO), which has been on hold for five months. In response to the rising number of public complaints, Finance Minister Barsha Man Pun instructed SEBON’s Acting Chairman and Executive Director, Navraj Adhikari, to speed up the approval process for companies in the final stage of the IPO Pipeline (upcoming IPOs) to ensure their timely public issuance.
Board मा अहिले करिब २८ अर्ब मुल्यबराबरको Share निष्कासन गर्न Company हरु pipeline status मा छन् ।
नेपाल धितोपत्र बोर्ड stopped IPO approvals before the former chairman Ramesh Kumar Hamal’s term (औपचारिका कार्यकाल) ended on December 22. An official (अधिकारी) from the Securities Board said the Acting Chairman received instructions from the Ministry of Finance, and permission will now be granted after the Board of Directors (सञ्चालक समिति) meeting. The official stated, “The Board of Directors can still decide and grant permission to a company that has been waiting for a long time to adjust the fixed price, even though it’s late”.
In October 2023 (कार्तिक महिना), because many companies were issuing IPOs, the secondary market felt pressure, so the main investors (लगानीकर्ता) asked to stop issuing IPOs. In response, the board halted IPO issuance. However, IPO issuance remained suspended for five months because the board remained without a board chairman.
There are many companies in the first phase awaiting approval from the Securities Board, which includes 95.6 million shares (९ करोड ५६ लाख कित्ता सेयर) worth 16.45 billion (१६ अर्ब ४५ करोड).
There are four productive groups (Manufacturing and processing). Seven hydropower companies, five from other categories, one hotel and tourism company, one microfinance company, and one from the investment category are preparing for IPOs.
S.N | Company Sector | No. of Companies |
1 | Manufacturing and processing (उत्पादन मुलका) | 4 |
2 | Investment | 1 |
3 | Hydro | 7 |
4 | Other Sector | 5 |
5 | Hotels and Tourism | 1 |
6 | Microfinance Companies | 1 |
Furthermore, the board is preparing to issue ७ करोड ४६ लाख ४७ हजार कित्ता shares worth Rs. ११ अर्ब ४७ करोड ७८ लाख, which is at the final stage of distribution. At this stage, Jagdamba Steel Company, under the manufacturing group, is preparing to issue at a premium price. There are 10 hydropower group companies, four are from other groups, and one company is from the hotel and tourism group.
S.N | Company Sector | No. of Companies |
1 | Manufacturing and processing (उत्पादन मुलक) | 1 |
2 | Hydro | 10 |
3 | Other Sector | 4 |
4 | Hotels and Tourism | 1 |
FAQs
Why are IPOs not coming to Nepal?
In October 2023 (कार्तिक महिना), due to the increased number of IPO issuing corporations, the secondary market faced pressure, so the main investors (लगानीकर्ता) requested to freeze the IPO issue, and the board stopped the IPO issuance. However, IPO issuance was stopped for five months since the board remained without a chairman.
Which IPO is coming soon in Nepal?
There are many upcoming companies launching IPOs soon in Nepal; some of them are in the first phase of review, and many are in their final stage of approval.
Is buying an IPO good or bad?
Buying an IPO is good because when a company first sells its shares, the price is usually low, and the value of those shares will likely go up soon, giving you a chance to make more money with a smaller investment.
Why is IPO expensive?
The price of an IPO is usually lower than you would pay for the same stock later in the secondary market. However, the IPO prices of different companies can vary due to factors like underwriting fees, how the price is set, market demand, and limited availability.
Blogs
Chhyangdi Hydropower Extends Deadline for Rights Share Application | Until 27th Ashad

The deadline for the ongoing rights share issue of Chhyangdi Hydropower Limited (CHL) has been officially extended until 27th Ashad, 2082. The issue had originally opened on 23rd Jestha, 2082, with an earlier closing date set for 12th Ashad, 2082.
Key Details of the Rights Share Issue
Details | Information |
---|---|
Total Right Shares Issued | 3,869,775 units (1:1 ratio) |
Face Value per Share | Rs. 100 |
Total Issue Amount | Rs. 38.69 Crore |
Current Paid-up Capital | Rs. 38.69 Crore |
Post-Issue Paid-up Capital | Rs. 77.39 Crore |
As per the Central Depository System and Clearing Limited (CDSC), 23,503 applicants have applied for 2,317,902 units (worth Rs. 23.17 Crore) as of yesterday.
Eligibility and Application Process
Only those shareholders who held shares before the book closure date of 2nd Jestha, 2082, are eligible for this right share offering.
Interested shareholders can apply through:
- Global IME Capital Limited, Naxal, Kathmandu (Issue Manager)
- Designated branches of Global IME Bank Limited across Lamjung, including Besisahar, Sundarbazar, Bhulbhule, Siundibar, Udipur, and Dordhi
- Any C-ASBA-approved banks and financial institutions
- Online via “MeroShare”.
Applicants are advised to complete the process before banking hours on 27th Ashad, 2082 (Friday).
Important Note:
Payments must be made through an account payee cheque drawn in the name “GICL-BOK-CHHYANGDI RIGHT SHARE”, as per the instructions from Global IME Capital Ltd.
Contact Information
- Chhyangdi Hydropower Ltd
Phone: 977-01-4526483 / 4524925
Email: [email protected] | Website: www.chpl.com.np - Global IME Capital Ltd (Issue Manager)
Phone: 977-01-5970138
Email: [email protected] | Website: www.globalimecapital.com
Notice: Chhyangdi Hydropower Extends Deadline for Rights Share Application
Blogs
Election Commission Preparing to Announce By-Election Date | Voter Registration Now Open
The Election Commission of Nepal has begun preparations for by-elections to fill vacant positions at various levels of government. As part of this process, the Commission is urging all eligible Nepali citizens who have not yet registered their names in the voter list to do so immediately.
According to the Assistant Spokesperson of the Election Commission, Mr. Durga Prasad Chalise, individuals will not be allowed to register in the voter list once the election date is officially announced. Therefore, he emphasized the importance of early registration to avoid being left out.
The Election Commission recently held discussions with the Prime Minister, Mr. KP Sharma Oli, and the Acting Chief Election Commissioner, Mr. Ram Prasad Bhandari. They talked about setting a date for the by-elections. The main focus was on two key areas: Rupandehi Constituency No. 3 for the House of Representatives and Manang Province Assembly Constituency No. 1 (B). Elections in these regions are likely to be held in the second week of Kartik.
The position in Rupandehi became vacant after the passing of Rastriya Prajatantra Party MP Deepak Bohora. In Manang, the seat became empty after provincial assembly member Deepak Manange was sent to jail. In addition to these, more than a dozen ward chairman positions are also currently unoccupied in various local governments.
The Election Commission has issued a public notice dated 2082/03/11 (Nepali calendar) urging all citizens to register in the voter list immediately. The notice mentions that, according to Clause 4(2)(2) of the Voter List Act, 2073, voter registration will be stopped as soon as the election date is declared.
Hence, this is a final chance for anyone who missed earlier opportunities to register. The Commission has made a heartfelt appeal to all brothers and sisters across the country to take this opportunity seriously and get their names included in the voter list.
The Election Commission assures that the upcoming elections will be conducted fairly and freely, in line with its guiding principle:
“Free and Fair Election: Pride of the Nation.”
For more information or assistance, people can visit the official website of the Election Commission at www.election.gov.np or contact their office at Kantipath, Kathmandu.
Notice: Election Commission Preparing to Announce By-Election Date
Blogs
Birgunj Customs Office Collects Highest Revenue from Petroleum Imports

The Birgunj Customs Office has collected the highest revenue from the import of petroleum products in the first 11 months of the current fiscal year 2081/82. According to the office, a total of NPR 73.18 billion was collected in revenue from petroleum imports alone.
During this period, Nepal spent about NPR 174.09 billion to import five different types of petroleum products. These petroleum imports contributed 46.43% of the total revenue collected from the top 20 imported items, making it the most important source of income for the customs office.
Major Revenue Contributors from Imports
What Officials Say
Customs Chief Administrator Deepak Lamichhane stated that petroleum products and vehicle imports are the main sources of customs revenue at Birgunj. He highlighted that these two sectors consistently contribute the highest share of government income collected through imports.
Conclusion
The data from the Birgunj Customs Office shows that fuel and vehicles remain Nepal’s most heavily imported and taxed items. With more than 46% of the revenue coming from petroleum alone, any changes in fuel prices or import volumes can significantly affect national customs revenue.
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