Securities issues: IPOs, rights, bonds and funds

Every public issue of securities in Nepal in one place: shares, rights, bonds and mutual funds that are open, about to open or just closed, and the queue waiting for approval from the Securities Board of Nepal (SEBON). As of 19 Oct 2026.

As of 19 Oct 2026, 1 public issue is open in Nepal. Next to open: Him Parbat Hydropower Limited, on 28 Oct 2026. SEBON has 111 IPO applications worth Rs 70.6bn in its queue.

• Open for applications1
• IPOs open0
• Opening soon2
• IPOs waiting at SEBON111 (Rs 70.6bn)

Open now

Opening soon

Approved, dates to be announced

Approved by SEBON

What the regulator has cleared, from its own lists. An approved issue opens once the company publishes its offer notice; until then it appears here and, when dates are set, under “Opening soon”. Nepal’s fiscal year 2083/84 began in mid-July 2026.

SEBON has published newer versions of 3 lists than shown here (ipo applications under review, rights issue applications, debenture applications); see the originals below.

IPOs · fiscal year 2083/84, as on 2083/06/20 · 1 for Rs 592m

Debentures · fiscal year 2083/84, as on 2083/06/05 · 1 for Rs 3.00bn

Mutual funds · fiscal year 2083/84, as on 2083/06/19 · 5 for Rs 7.80bn

Rights issues · fiscal year 2082/83, as on 2082/11/25 · 7 for Rs 4.94bn

Further public offers · fiscal year 2082/83, as on 2082/08/14 · 1 for Rs 47m

* Date as printed by SEBON on its 2083/84 list. SEBON’s rights and further-offer lists have not yet been published for fiscal year 2083/84; the latest are from 2082/83.

Closed in the last 90 days

Waiting for SEBON’s approval

144 applications worth about Rs 114.0bn are in SEBON’s queue, by its own lists.

How an issue reaches you

1. Application. A company files with SEBON through its issue manager, a licensed merchant bank. It appears in SEBON’s applications (pipeline) list.
2. Review. SEBON reviews the prospectus and sends comments; the company replies, sometimes several times. This is the longest stage: some applications here were filed in 2023.
3. Approval. Once satisfied, SEBON approves the issue and it moves to the approved list. The company then publishes an offer notice with the opening and closing dates.
4. Subscription. Investors apply through MeroShare during the open window. Some IPOs reserve shares for local residents of the project area or for Nepalis working abroad.
5. Allotment and listing. If an issue is oversubscribed, shares are allotted by lottery. The shares are then listed on NEPSE and can be traded.

A rights issue offers existing shareholders new shares in proportion to what they hold. A further public offer sells more shares of an already-listed company to the public. A debenture is a bond: the company borrows and pays fixed interest. A mutual fund pools investors’ money in a portfolio run by a fund manager.

SEBON’s official lists

The regulator publishes each list as a PDF, updated as applications move. The tables above are the readable version; these are the originals.

Sources: Securities Board of Nepal lists, and the structured issue listings and offer notices published by ShareSansar. Collected by The Nepal Standard three times a day. Check the offer notice before applying. Not investment advice.