Upcoming IPO Share in Nepal on the Month of Sharwan 2078

Upcoming IPO Share in Nepal

In the Month of Sharwan 2078

Back to Back 3 Company for 3 Different Sector Mailung Khola Jal Vidhdyut Company Limited (Hydropower Sector), Sanima Life Insurance (Life Insurance Sector) & Manushi Laghubitta Bittiya Sanstha Limited (Micro Finance) are going to issue IPO Share on the month of Sahrwan 2078. 

Upcoming IPO Share in Nepal on the Month of Sharwan 2078

Upcoming IPO Share in Nepal on the month of Sharwan, 2078

Mailun Khola Hydropower Company Private Limited is a private company incorporated on 7 Bhadra 2059 (July 23, 2002) as per prevalent Acts of Nepal, with objective to develop and invest in hydropower projects. This Company has developed 5 MW Mailun Khola Hydropower Project in Rasuwa district and its operation is for a period of 35 years under a Construction & Generation License issued by prevalent HMG of Nepal on the basis of a power purchase agreement with Nepal Electricity Authority.

Manushi micro finance program was commenced in April 2002 as a major program of Manushi which was established in 1991. Presently, Manushi Microfinance is registered under company act and got the D class bank license from Nepal Rastriya Bank in Ashoj 25, 2075 B.S.

Nepali Sanima Life Insurance Limited was incorporated under the Companies Act, 2063 on 2064/08/13. Beema Samiti awarded the operating license on 2074/05/07 as per Sub-clause 3 of Clause 10 of Insurance Act, 2049 and Sub-rule 1 of Rule 8 of Insurance Regulations, 2049 to conduct business of Life Insurance and the company started its commercial operations on 2074/08/22. Promoted by Non Residents Nepalese (NRN), who have investment in Finance, Banking, Hydropower and Tourism etc in Nepal, Sanima Life Insurance aims to be a trusted name in the Life Insurance Sector of Nepal.

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