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 ...