Upcoming IPO of 11 Insurance company in Nepal | Here is the list – 2020

Upcoming IPO list – 2020

CompanySectorAmountCredit Rating
Liberty Energy Company LimitedHydropower3.56 million units for Rs 356.49 MillionICRA-NP IPO Grade 4 [Below Average]
Reliance Life Insurance LimitedLife Insurance6.30 million units for Rs 630 MillionICRA-NP IPO Grade 4 [Below Average]
Mountain Energy Nepal LimitedHydropower1.968 million units for Rs 196.80 Million (only for project-affected locals of Myagdi and Nuwakot districts)ICRA-NP IPO Grade 4 [Below Average]
NCell Axiata LimitedTelecommunications Company (NEPSE Sector: Others)
Citizen Life Insurance Company LimitedLife Insurance7.50 million units for Rs 750 Million
United IDI Mardi and RB Hydropower LimitedHydropower0.42 million units for Rs 42 MillionCARE-NP IPO Grade 4 [Below Average]
Dish Media Network Limited (DishHome)Others2.38 million units for Rs 238.59 Million
Nepal Infrastructure Bank Limited (NIFRA)Banking80 million units for Rs 8 Billion

In Nepal Stock Exchange, A large number of ordinary shares (IPO) are being issued. Lately, one after another IPOs is being issued continuously. Meanwhile, insurance companies are issuing IPOs soon. Here you will know the list of 11 upcoming IPO of Insurance companies in Nepal. A total of 62.5 million ordinary shares are ready to issue for the public.

About half a dozen companies have so far issued IPOs since the lockdown. Some of them have already been distributed and some are in the process of distribution. Recently, Samaj Microfinance, Reliance Insurance and Liberty Hydropower have issued IPOs.

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