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 – Under Preliminary Review
1. NLG Insurance Company (NLG)
Sector: Non-Life Insurance
No of Shares: 9,631,220.22 Units
Ratio: 10:6.6
Amount of Share: Rs. 963,122,022
Issue Manager: Laxmi Capital
2. Joshi Hydropower (JOSHI)
Sector: Hydropower
No of Shares: 2,414,100.00 Units
Ratio: 1:0.65
Amount of Share: Rs. 241,410,000
Issue Manager: Laxmi Capital
3. Khanikhola Hydropower (KKHC)
Sector: Hydropower
No of Shares: 4,657,143.00 Units
Ratio:1:1
Amount of Share: Rs. 465,714,300
Issue Manager: Laxmi Capital
4. Prabhu Mahalaxmi Life Insurance (PMLI)
Sector: Life Insurance
No of Shares: 7,303,200.00 Units
Ratio: 1:0.17
Amount of Share: Rs. 730,320,000
Issue Manager: Siddhartha Capital
5. Neco Insurance Limited (NIL)
Sector: Non Life Insurance
No of Shares: 5,030,901.55 Units
Ratio: 1:0.25
Amount of Share: Rs. 503,090,155
Issue Manager: Sanima Capital
6. Terhathum Power Company (TPC)
Sector: Hydropower
No of Shares: 4,000,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 400,000,000
Issue Manager: Nabil Investment
7. Balephi Hydropower (BHL)
Sector: Hydropower
No of Shares: 18,279,700.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,827,970,000
Issue Manager: NIMB Ace Capital
8. Asian Life Insurance (ALICL)
Sector: Life Insurance
No of Shares: 14,279,312.48 Units
Ratio: 1:0.42
Amount of Share: Rs. 1,427,931,248
Issue Manager: Muktinath Capital
9. Prabhu Insurance (PRIN)
Sector: Non Life Insurance
No of Shares: 8,350,135.44 Units
Ratio: 1:0.5015
Amount of Share: Rs. 835,013,544
Issue Manager: NIC Asia Capital
10. Barahi Hydropower (BHPL)
Sector: Hydropower
No of Shares: 2,500,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 250,000,000
Issue Manager: Muktinath Capital
11. People’s Power (PPL)
Sector: Hydropower
No of Shares: 3,163,000.00 Units
Ratio: 1:0.5
Amount of Share: Rs. 316,300,000
Issue Manager: Prabhu Capital
12. Dordi Khola Jalbidyut (DORDI)
Sector: Hydropower
No of Shares: 10,542,604.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,054,260,400
Issue Manager: Sanima Capital
13. Rapti Hydro and General Construction (RHGCL)
Sector: Hydropower
No of Shares: 6,127,938.00 Units
Ratio: 1:1
Amount of Share: Rs. 612,793,800
Issue Manager: Muktinath Capital
14. River Falls Power (RFPL)
Sector: Hydropower
No of Shares: 7,000,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 700,000,000
Issue Manager: Prabhu Capital
15. Sun Nepal Life Insurance (SNLI)
Sector: Life Insurance
No of Shares: 10,696,320.00 Units
Ratio: 1:0.27
Amount of Share: Rs. 1,069,632,000
Issue Manager: Nepal SBI Merchant Banking
16. Shiva Shree Hydropower (SSHL)
Sector: Hydropower
No of Shares: 14,764,000.00 Units
Ratio: 1:1
Amount of Share: Rs. 1,476,400,000
Issue Manager: Citizens Capital
17. Nepal Insurance Company (NICL)
Sector: Non-Life Insurance
No of Shares: 6,576,937.76 Units
Ratio: 10:4
Amount of Share: Rs. 657,693,776
Issue Manager: NIMB Ace Capital
Upcoming Right Share in Nepal – Reviewed And Comment Sent
1. Barun Hydropower Company (BARUN)
Sector: Hydropower
No of Shares: 5,358,150.00 Units
Ratio: 1:1
Amount of Share: Rs. 535,815,000
Issue Manager: RBB Merchant Banking
Upcoming Right Share in Nepal – Under Review
1. Chhyangdi Hydropower (CHL)
Sector: Hydropower
No of Shares: 3,869,775.00 Units
Ratio: 1:1
Amount of Share: Rs. 386,977,500
Issue Manager: BOK Capital
2. Life Insurance Corporation Nepal (LICN)
Sector: Life Insurance
No of Shares: 23,468,000.00 Units
Ratio: 1:0.8845168
Amount of Share: Rs. 2,346,800,000
Issue Manager: Nepal SBI Merchant Banking
3. Ngadi Group Power (NGPL)
Sector: Hydropower
No of Shares: 18,512,792.23 Units
Ratio: 1:1
Amount of Share: Rs. 1,851,279,223
Issue Manager: Siddhartha Capital
3. Liberty Energy Company (LEC)
Sector: Hydropower
No of Shares: 7,500,000.00 Units
Ratio: 1:0.5
Amount of Share: Rs. 750,000,000
Issue Manager: Prabhu Capital
Please refer the official link here – Upcoming Right Share list as of 2081-05-09
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. One needs to buy the share before the book close date to be eligible for applying right share. 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