SEBON Adds IPO Proposals of 20 Companies Hydropower Sector To Its Pipeline

The IPO proposal of Bungal Hydro Limited is in SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 2,905,000 shares. This will raise Rs. 29.05 crores for the company. The application was submitted on Chaitra 6, 2080.

Himalayan Capital Limited has been appointed the issue manager for the public offering.

ICRA Nepal has assigned a long-term rating of [ICRANP] LB- (pronounced ICRA NP L B minus) for the long-term loans and a short-term rating of [ICRANP] A4 (pronounced ICRA NP A four) for the short-term loans of Bungal Hydro Limited (BHL or the company).

Bungal Hydro Limited (BHL), incorporated on June 13, 2016, was developing the 10.70-MW Upper Sanigad Hydroelectric Project in Bajhang, Nepal. The project, a run-of-the-river type, had an estimated cost of NPR 2,867 million, financed through a 75:25 debt-to-equity ratio. As of mid-October 2022, BHL's paid-up capital was NPR 506 million, with major shareholders including Jalanjali Investment Pvt. Ltd. (28%), Barun Investment Pvt. Ltd. (14%), Jaya Ganesh Investment Pvt. Ltd. (13%), Shiva Shankar Investment Pvt. Ltd. (12%), and Bungal Hydro Investment Ltd. (12%), while 21% was held by other investors.

The IPO proposal of Kalanga Hydro Limited has also been added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 4,900,000 shares to the local as well as the general public. This will raise Rs. 49 crores for the company. The application was submitted on Chaitra 6, 2080.

Sanima Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Sanigad Hydro Limited has also been added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 8,550,000 shares to the local as well as the general public. This will raise Rs. 85.50 crores for the company. The application was submitted on Chaitra 6, 2080.

LS Capital Limited has been appointed the issue manager for the public offering.

Likewise, The IPO proposal of Apex Makalu Hydropower Limited has also been added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 2,400,000 shares to the general public. This will raise Rs. 24 crores for the company. The application was submitted on Chaitra 18, 2080.

Sanima Capital Limited has been appointed the issue manager for the public offering.

The IPO proposal of Appolo Hydropower Limited has also been added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,410,000 shares to the local as well as the general public. This will raise Rs. 14.10 crores for the company. The application was submitted on Jestha 22, 2081.

Nepal SBI Merchant Banking Limited has been appointed the issue manager for the public offering.

The IPO proposal of Gaurishankar Power Development Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 2,400,000 shares to the local as well as the general public. This will raise Rs. 24 crores for the company. The application was submitted on Chaitra 12, 2080.

Nabil Investment Banking Limited has been appointed as the issue manager for the public offering.

Similarly, The IPO proposal of Shikhar Power Development Limited is in SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 2,160,000 shares. This will raise Rs. 21.60 crores for the company. The application was submitted on Chaitra 30, 2080.

Global IME Capital Limited has been appointed the issue manager for the public offering.

The IPO proposal of Siuri Nyadi Power Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 30,360,784 shares to the local as well as the general public. This will raise Rs. 3.03 Arba for the company. The application was submitted on Baishakh 18, 2081.

NMB Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Super Khudi Hydropower Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 7,595,000 shares to the local as well as the general public. This will raise Rs. 75.95 Crore for the company. The application was submitted on Baishakh 30, 2081.

Global IME Capital Limited has been appointed the issue manager for the public offering.

The IPO proposal of Mount Everest Power Development Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 2,580,000 shares to the local as well as the general public. This will raise Rs. 25.80 Crore for the company. The application was submitted on Jestha 6, 2081.

NIMB Ace Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Unique Hydel Co. Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 2,200,000 shares to the general public. This will raise Rs. 22 Crore for the company. The application was submitted on Jestha 16, 2081.

Global IME Capital Limited has been appointed the issue manager for the public offering.

The IPO proposal of Aasutosh Energy Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,200,000 shares to the local as well as the general public. This will raise Rs. 12 Crore for the company. The application was submitted on Jestha 21, 2081.

NMB Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Hilton Hydro Energy Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,375,000 shares to the local as well as the general public. This will raise Rs. 13.75 Crore for the company. The application was submitted on Jestha 24, 2081.

Sanima Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Snow Rivers Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,625,000 shares to the local as well as the general public. This will raise Rs. 16.25 Crore for the company. The application was submitted on Jestha 24, 2081.

Sanima Capital Limited has been appointed the issue manager for the public offering.

The IPO proposal of Jhapa Energy Limited has also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 950,475 shares to the local as well as the general public. This will raise Rs. 9.50 Crore for the company. The application was submitted on Jestha 30, 2081.

Himalayan Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Suryakunda Hydro Electric Limited has also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,379,350 shares to the local as well as the general public. This will raise Rs. 13.79 Crore for the company. The application was submitted on Ashadh 04, 2081.

Kumari Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Puwa Khola- One Hydropower Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,946,660 shares to the local as well as the general public. This will raise Rs. 19.46 Crore for the company. The application was submitted on Ashadh 05, 2081.

LS Capital Limited has been appointed the issue manager for the public offering.

The IPO proposal of Madame Khola Hydropower Limited has also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 3,250,000 shares to the general public. This will raise Rs. 32.50 Crore for the company. The application was submitted on Shrawan 13, 2081.

Muktinath Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Nilgiri Khola Hydropower Company Limited has also been added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 4,320,000 shares to the local as well as the general public. This will raise Rs. 43.20 Crore for the company. The application was submitted on Shrawan 22, 2081.

Prabhu Capital Limited has been appointed the issue manager for the public offering.

Similarly, The IPO proposal of Champawati Hydropower Limited is also added to SEBON's pipeline.

The company has submitted a proposal to the capital market regulator to issue a total of 1,600,000 shares to the local as well as the general public. This will raise Rs. 16 Crore for the company. The application was submitted on Kartik 4, 2081.

RBB Merchant Banking Limited has been appointed the issue manager for the public offering.