The IPO of Someling Power Company Limited is being prepared to be listed on the Nepal Stock Exchange (NEPSE) next year.
According to Something Power's RTS Nepal SBI Merchant Banking Limited, the company's IPO has been registered with CDSC.
"The CDSC will probably file for data and listing in Nepse early next year," said an official of Nepal SBI Merchant Banking.
If the IPO of this company is listed in Nepse by next Wednesday, there is a possibility that the shares will start trading from next week.
Because the shares of any company listed on Nepse come into business from the next day. Samling Power had sold a total of
730,000 IPO lots at a face value of Rs 100 from October 19 to 20.The IPO distribution was held on October 30.
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