Emerging Nepal Limited Issuing IPO from Magh 26

 Emerging Nepal Limited going to issue IPO to the general public from Magh 26

About IPO Issue of Emerging Nepal Ltd:

Emerging Nepal Limited will be the 6th company to be listed as an investment company in NEPSE. As such, the addition may play a crucial role in the development of the investment sector and its index. Furthermore, as an investment company, Emerging Nepal Limited may help channel investment funds from the capital market to diversified sectors of the national economy.

Emerging Nepal Limited was established in August 2015 as a public-private partnership (PPP) investment company with the motive to invest in projects from diverse sectors. ENL is promoted by the renowned business groups of Nepal, with the major holding by the Vishal Group and IME Group affiliated entities and individuals (joint stake of more than 50%).


NIC Asia Capital Limited, who has been appointed as the issue manager for the IPO issuance, is going to open IPO issuance from Magh 26 2078 (i,e February 9 2022).

Emerging Nepal Limited IPO Issue

The company will be issuing  555,600 units of ordinary shares worth Rs 55,560,000 to the general public.

Emerging Nepal Limited is set to issue an Initial Public Offering from Magh 26, 2078. The company is issuing 5,55,600 units worth Rs 5.5 crore IPO for the general public. Out of 5,55,600 units total IPO, 2% (i,e 11,112 units) will be for employees, 5% (i.e. 27,780 units) will be for mutual funds and rest of 5,16,708 units will be distributed to general public. The early closing date of the issue is the 1st of Falgun, 2078. If it is not fully subscribed, the date can be extended up to Falgun 11, 2078.


IPO Issue Credit Rating


ICRA Nepal has assigned an issuer rating of [ICRANP-IR] BB+ (pronounced ICRA NP Issuer Rating Double B Plus) to ENL which means that the company has a moderate risk of default. The opening date hasn't been declared yet.


Video:



Tip: Make sure that enough balance is in your C-ASBA Bank account before apply IPO. Some bank take charges per share application. Know C-ASBA charge of banks


Total IPO Issue

555,600 Unit

IPO Issue Manager

Mutual Fund 5%

27,780 Unit

NIC Asia Capital Limited

Employee 2%

11,112 Unit

General Public

516,708 Unit



Tip: You can see IPO result of Samling Power Company Ltd  Click Here
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