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IPO approvals nearly at a standstill as 117 companies wait for Securities Board clearance

IPO approvals nearly at a standstill as 117 companies wait for Securities Board clearance

IPO approvals nearly at a standstill as 117 companies wait for Securities Board clearance

The Securities Board of Nepal (SEBON) granted one company permission to issue an initial public offering (IPO) on October 6, after a gap of nearly six months. Since April 15, that is the only company to have received approval to issue an IPO. Meanwhile, 117 companies have applied to the board for permission to issue […] The post IPO approvals nearly at a standstill as 117 companies wait for…

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