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.
Open now
None at the moment.
Opening soon
None at the moment.
Approved, dates to be announced
Company
Type
Units
Price (Rs)
Issue manager
Notice
Citizens Super 50 C50MF
Mutual fund scheme
100.00m
10
Citizens Capital Limited
–
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
Company
What was approved
Amount
Issue manager
Approved (BS)
Him Parbat Hydropower Limited Hydropower
IPO for the general public, 5,915,000 shares at Rs 100 (35% of capital)
Rs 592m
Citizens Capital
2082/06/20 *
Debentures · fiscal year 2083/84, as on 2083/06/05 · 1 for Rs 3.00bn
Company
What was approved
Amount
Issue manager
Approved (BS)
Rastriya Banijya Bank Commercial bank
6% RBBL Debenture 2089, 7 years; Rs 1.8bn to the public, Rs 1.2bn by private placement
Rs 3.00bn
Kumari Capital
2083/06/02
Mutual funds · fiscal year 2083/84, as on 2083/06/19 · 5 for Rs 7.80bn
Company
What was approved
Amount
Issue manager
Approved (BS)
NIBL Sabhagita Fund Open-end fund
300m additional units
Rs 3.00bn
NIMB Ace Capital
2083/05/05
Shubha Laxmi Kosh Open-end fund
200m additional units
Rs 2.00bn
Laxmi Sunrise Capital
2083/06/19
Muktinath Mutual Fund 2 Closed-end fund
New scheme, 100m units
Rs 1.00bn
Muktinath Capital
2083/05/10
Citizens Super 50 Closed-end fund
New scheme, 100m units
Rs 1.00bn
Citizens Capital
2083/06/07
NIC Asia Equity Opportunity Fund Closed-end fund
New scheme, 80m units
Rs 800m
NIC Asia Capital
2083/05/10
Rights issues · fiscal year 2082/83, as on 2082/11/25 · 7 for Rs 4.94bn
Company
What was approved
Amount
Issue manager
Approved (BS)
Shiva Shree Hydropower Hydropower
Rights 1:1
Rs 1.48bn
Citizens Capital
2082/04/04
City Hotel Hotel and tourism
Rights 1:0.80
Rs 1.34bn
Prabhu Capital
2082/04/04
River Falls Power Hydropower
Rights 1:1
Rs 700m
Prabhu Capital
2082/04/09
Himalayan Power Partner Hydropower
Rights 1:0.5
Rs 533m
Global IME Capital
2082/11/25
Buddha Bhumi Nepal Hydropower Hydropower
Rights 1:1
Rs 400m
NIC Asia Capital
2082/10/21
Narayani Development Bank Development bank
Rights 1:1
Rs 262m
Global IME Capital
2082/04/15
United Ajod Insurance Non-life insurance
Rights 100:10
Rs 231m
Laxmi Sunrise Capital
2082/10/27
Further public offers · fiscal year 2082/83, as on 2082/08/14 · 1 for Rs 47m
Company
What was approved
Amount
Issue manager
Approved (BS)
Vijay Laghubitta Bittiya Sanstha Microfinance
Further public offer, 466,817 shares at Rs 100
Rs 47m
NMB Capital
2082/08/14
* 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.
144 applications worth about Rs 114.0bn are in SEBON’s queue, by its own lists.
IPOs: 111 applications, Rs 70.6bn as on 2083/06/20
Sector
Amount
Share
Manufacturing and processing
Rs 35.7bn
51%
Hydropower
Rs 17.2bn
24%
Hotels and tourism
Rs 6.45bn
9%
Others
Rs 6.14bn
9%
Investment
Rs 4.48bn
6%
Micro insurance
Rs 0.68bn
1%
How long they have waited
Filed in (Nepali year)
Applications
2080 (2023/24)
15
2081 (2024/25)
37
2082 (2025/26)
41
2083 (since April 2026)
17
Rights issues: 30 applications, Rs 40.1bn as on 2083-06-16
Stage
Applications
Amount
Under preliminary review
28
Rs 38.6bn
Reviewed, comments sent to the company
1
Rs 730m
Company has replied, under review
1
Rs 799m
Largest rights issues waiting
Company
Ratio
Amount
NIC Asia Bank
2:1
Rs 7.46bn
Sahas Urja
1:1
Rs 4.57bn
Peoples Hydropower
1:1
Rs 3.20bn
Modi Energy
1:0.9
Rs 2.61bn
Arun Kabeli Power
2:1
Rs 1.95bn
Further public offers: 2 applications, Rs 182m. Two applications, of Rs 115m and Rs 67m.
Debentures: 1 application, Rs 3.00bn. Everest Bank, 6.25% debenture 2088, six years: Rs 1.8bn to the public and Rs 1.2bn by private placement.
Company by company: 0 IPO and rights applications (compiled by ShareSansar)
ShareSansar’s structured copy of SEBON’s lists, with filing dates and sectors. It can lag SEBON by a few days, so totals differ slightly from the figures above.
Company
Type
Sector
Amount (Rs m)
Filed
Issue manager
How an issue reaches you
Application. A company files with SEBON through its issue manager, a licensed merchant bank. It appears in SEBON’s applications (pipeline) list.
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.
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.
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.
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.
IPOs in Nepal: 1 open now, 19 Oct 2026 · The Nepal Standard