Five companies have simultaneously approached the Securities Board of Nepal (SEBON) seeking approval to launch their Initial Public Offerings (IPOs), signaling sustained momentum in Nepal’s primary market.

On Chaitra 16, Budhanilkantha Heritage, Sabhapokhari Hydropower, Eastern Sahara Company, National Bio Tech, and Pashupati Renewables submitted applications to the regulator for public issuance.

Budhanilkantha Heritage has proposed issuing 4.95 million shares at a par value of Rs. 100, targeting a total raise of Rs. 495 million. Global IME Capital has been appointed as the issue manager.

Sabhapokhari Hydropower plans to float 1.075 million shares worth Rs. 107.5 million, with RBB Merchant Banking acting as the issue manager.

Similarly, Eastern Sahara Company has applied to issue 2.75 million shares amounting to Rs. 275 million, also under the management of Global IME Capital.

National Bio Tech has sought approval to issue 1 million shares worth Rs. 100 million, with NIMB S Capital designated as the issue manager.

Pashupati Renewables has proposed a public offering of 1.44 million shares valued at Rs. 144 million, with NMB Capital overseeing the issuance.

The proposed offerings, if approved, will collectively mobilize over Rs. 1.11 Arba from the public. These developments highlight growing interest from diverse sectors—including hydropower, biotech, and renewable energy—in accessing capital markets.

All companies will proceed with their IPO launches only after receiving regulatory clearance from SEBON. Market participants will be closely monitoring approval timelines and investor response, particularly amid increasing retail participation in Nepal’s equity market.