CBIL Capital’s IPO for general public has added in sebon pipeline for approval.
The company will issue 300,000 units of share to general public.
Nepal SBI Merchant bank has been appointed as issue manager for IPO.
CBIL Capital is sister organization of Citizen Bank international limited. 68.94% of paid up capital is hold by citizen bank. It is the first merchant bank to issue IPO to general public.
Currently, its paid up capital is Rs.17 crore. After IPO, paid up capital will reach to Rs. 20 crore.
IPO of Universal Power Company has added in sebon pipeline for approval.
The company will issue 9,661,610 units of share to local people of Dolakha district & general public at the rate of Rs. 100.
The company will issue 21,00,350 units share for local people of Dolakha district in the first phase. It is 10% of paid up capital.
Siddhartha capital has been appointed as issue manger for IPO.
It is currently developing Tallo Khare Khola Hydropower Project. It has capacity of 11 MW in Dolakha District.
