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Initial Public Offerings
Initial Public Offerings (henceforth IPO) in Nepal are announced every now and then. IPOs allow us to invest in a company and purchase its shares for the very first time. It gives us the opportunity to get the shares at the minimum price of Rs. 100 before it is traded publicly. To invest in an IPO, one must be aware of the announcement. The sale goes usually for 4 working days and it is within those 4 days you must get the forms, fill it up and submit it to a collection center along with an investment amount. Then we have to wait a number of days which is usually around 50 for the allotment to be concluded. Then depending upon the number of shares issued and your amount of investment, you are allotted a particular number of shares. The excess amount is returned back. After a few days, the share certificate can be collected and you will be the proud owner of stocks in the company who’s IPO you just applied for. Requirements: Has to be a citizen of Nepal. An attested photoc...
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