About IPO

Issue DateMagh26
Total No of Shares 5,55,600 Units
For Employee11,112 Units 
For Mutual Fund27,780 Units
For General Public5,16,708 Units
Total AmountRs  5,55,60,000
Issue ManagerNIC Asia Capital Limited

Out of the offered 5,55,600 units; 2% of the total offered shares to the general public i.e. 11,112 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 27,780 units have been set aside for the mutual funds. The remaining 5,16,708 units are for the general public.

NIC Asia Capital Limited has been appointed as the issue manager for the IPO issuance.

Applications can be placed for a minimum of 10 units and a maximum of 5,000 units. 

Application Date :- 2078-10-26 to 2078-11-01

About Company

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%).

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.

Shareholding Structure

ShareholdersShares Held% HeldTotal Amount (Rs)Status
Promoter Shareholder5,004,00090.00%500,400,000Paid
Public Shareholders555,60010.00%55,560,000After issuance of IPO

Board of Directors

Mr. Shri Lal Mani JoshiChairman
Mr. Shri Shovakanta PoudelDirector
Mr. Shri Ashok Kumar AgrawaDirector
Mr. Shri Chandra TandanDirector
 Dr. Binod AtreyaDirector
Mrs. Lima Acharya (Adhikari)Independent  Director

Capital Structure

ParticularsAmount (Rs)
Authorized Capital5,000,000,000
Issued Capital555,600,000
Current Paid-Up Capital500,040,000
Capital after issuance of IPO555,600,000

Key Strengths:
• Strong promoter profile
• Adequate value generation for shareholders
• Comfortable financial flexibility

Key Challenges:
• Limited track record with evolving system and procedures
• Lack of clarity regarding sources of raising further funds for investment
• Absence of company’s ability to maintain liquid investment portfolio on a sustained basis.

Financial Highlights

Also Read :

Emerging Nepal IPO

Upcoming IPO (Approved)

Upcoming IPO (Pending)

Upcoming Right Shares