Skip to content
|Loading...
Share Gyan home
EBook

Chandragiri Investment Group to Launch IPO

Chandragiri Investment Group Limited plans to issue an IPO after AGM approval and announces a 4% cash dividend.

Published Updated By Share Gyan
Chandragiri Investment Group to Launch IPO


Chandragiri Investment Group Limited has decided to issue an Initial Public Offering (IPO) after its first Annual General Meeting approved key proposals.

The AGM endorsed the plan to float shares to the public, marking an important step in the company’s expansion. The company currently has an authorized capital of Rs. 50 crore.

During the meeting, shareholders also approved a 4% cash dividend. Chairman Rajan Shrestha announced the unanimous election of six board members, including Ramraja Acharya, Prakashman Shrestha, Dhirendra Shrestha, Shankar Maharjan, and Birendra Shrestha.

The company has already invested in multiple sectors through ventures like Indreni Mushroom Farm, The Nilaya Hotels, Kaule Vineyard Agro, Everest Colour, and Mero Kishan.

With plans to enter the capital market, the company aims to expand its investment portfolio, attract public investors, and strengthen its position in Nepal’s growing investment sector.

Related News

Ashutosh Energy Receives SEBON Approval to Issue 1.2 Million IPO Shares

The Securities Board of Nepal (SEBON) has approved Ashutosh Energy Limited to issue 1.2 million ordinary shares at a face value of Rs. 100 per share, paving the way for the company's initial public offering (IPO).

Egypt Raises Over $650 Million from Bank of Cairo’s Record-Breaking IPO

Egypt has raised more than $650 million by selling a 45% stake in Bank of Cairo through an Initial Public Offering (IPO), marking the largest IPO in the history of the Egyptian stock market, according to the government.

Him Parbat Hydropower IPO Opens Today for Project-Affected Locals and Nepalis Abroad

Him Parbat Hydropower Limited has opened its IPO for project-affected local residents of Dolakha and Nepalis working abroad, offering shares at a face value of Rs. 100 per share.

Beni Hydropower Makes Stock Market Debut at Rs 273 per Share

Beni Hydropower Project Limited (BENH) recorded its first share transaction at Rs 273 per share during Thursday’s special pre-open session on the Nepal Stock Exchange (NEPSE). The company’s shares became eligible for regular market trading following the successful opening transaction.

Him Parbet Hydropower to Open IPO for Locals and Nepalis Working Abroad

Him Parbet Hydropower Limited will open its IPO on Kartik 11 for project-affected residents of Dolakha and Nepalis working abroad, offering shares at a face value of Rs. 100 each.

Doleshwor Village Resort Proposes IPO of 16.20 Lakh Shares

Doleshwor Village Resort and Farm House Limited has proposed issuing 16.20 lakh ordinary shares, representing 30% of its issued capital, to the general public.