Initial Public Offering

Initial Public Offering (IPO)/ Right Issue

A corporate may raise capital in the primary market by way of an initial public offer, rights issue or private placement. An Initial Public Offer (IPO) is the selling of securities to the public in the primary market for the first time. It is the largest source of funds with indefinite maturity for the company. Right Issue is the offering of additional shares to the existing shareholders of the company to raise the additional capital.

Ace, with a team of qualified and experienced staffs, well-established relationship with other financial intermediaries, regulatory authorities and prospective investors provides the services the Issue Manager to its esteemed clientele with best international practices to manage the public issues and fills the vast gap of demand –supply of quality Issue Manager.

List of Issue Managed:

Sr.No.	Company's Name	Issue Amount	Issue Type	Fiscal Year
01	Himalayan General Insurance Co. Ltd.	30 million	Public Issue	053/54
02	Nepal Share Markets Ltd.	20 million	Rights Share	055/56
03	NIB Bond- 2067	300 million	Debenture	060/61
04	Nepal Investment Bank Ltd.	295.29 million	Rights Share	061/62
05	NIB Bond-2070	250 million	Debenture	062/63
06	NIC Bond-2070	200 million	Debenture	062/63
07	Business Development Bank Ltd.	30 million	Rights Share	063/64
08	NIB Bond -2071	250 million	Debenture	063/64
09	Siddhartha Bank Limited	100 million	Rights Share	063/64
10	Lumbini Bank Limited	150 million	Rights Share	063/64
11	Paschimanchal Development Bank Ltd.	47.5 million	Right Share	063/64
12	Agriculture Development Bank Limited	125 million	Public Issue	063/64
13	Capital Merchant Banking & Finance Ltd.	161 million	Rights Share	063/64
	Total	1958.79 million

Upcoming Issues:

Sr.No.	Company's Name	Issue Amount	Issue Type	Ratio
01	Nepal Development & Employment Promotion Bank Ltd.	128 million	Public Issue	N/A
02	Citizens Bank International Limited	300 million	Public Issue	N/A
03	Subhechha Bikas Bank Ltd.	12 million	Public Issue	N/A
04	Triveni Bikas Bank Ltd	15 million	Public Issue	N/A
05	Gaurishanker Bittiya Sanstha Limited	20 million	Public Issue	N/A)
06	Muktinath Bikas Bank Limited	14 million	Public Issue	N/A
07	Lord Buddha Financial Institution Limited	22.5 million	Public Issue	N/A
08	Siddhartha Development Bank Limited	50 million	Rights Issue	(1:1)
09	Sagarmatha Insurance Company Limited	23.5 million	Rights Issue	(10:3)
10	Kathmandu Finance Limited	33 million	Rights Issue	(1:1)
11	Prudential Bittiya Sanstha Limited	50 million	Rights Issue	(1:1)
12	Goodwill Finance Limited	50 million	Rights Issue	(1:1)
13	Nepal Investment Bank Limited	201.28 million	Rights Issue	(5:1)
14	Lumbini Bank Limited	250 million	Rights Issue	(3:1)
	Total	1,169.28 millon