Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Securities Board of Nepal (SEBON) has granted approval to Swastik Laghubitta Bittiya Sanstha Ltd. to issue its Initial Public Offering (IPO). On June 20, 2025 (Asar 5, 2082 BS), the board authorized the company to float 231,000 ordinary shares worth Rs 23.1 million to the public.
Swastik Laghubitta, a microfinance financial institution, has appointed Nabil Investment Banking Limited as its issue manager for the IPO. The offering is part of the board’s recent acceleration in processing IPO requests after months of regulatory uncertainty.
According to SEBON, Swastik’s approval makes it the 12th company to receive IPO permission in the current fiscal year. Among these, five companies are from the hydropower sector, three are micro-insurance companies, and the remaining include one production-based company and one microfinance institution.
So far, SEBON has permitted a total IPO issuance worth Rs 2.95 billion (Rs 2,955,681,900) in the current fiscal year.
Despite the approvals, the pipeline remains long: 44 companies are still awaiting SEBON’s green light for IPO issuance. Of these, 35 are hydropower companies, reflecting a growing interest in capital market participation from Nepal’s energy sector.
SEBON’s decision to permit IPOs in batches signals a gradual return to regular regulatory operations after nearly 18 months of policy confusion caused by differing directives from parliamentary oversight committees.
The approval of Swastik Laghubitta’s IPO reflects renewed momentum in Nepal’s capital market and offers new investment opportunities for public investors amidst high demand for microfinance and hydropower stocks.
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