Emerging Nepal Limited Company Analysis

Overview

Emerging Nepal Limited (ENL) is a investment company, which was established in 2015 as a public private partnership (PPP). We have collected Emerging Nepal Limited Company Analysis

The motive of the company is to invest in projects from diverse sectors. It is promoted by renowned business groups of Nepal.

Emerging Nepal Limited Company Analysis

Company is issuing its IPO from Magh 26, 2078 to Falgun 1, 2078. Deadline will be extended to Falgun 11, 2078 if not fully subscribed in deadline. For general public, company is issuing 555,600 units.

You can apply for a minimum of 10 units and a maximum of 5000 units. It is suggest to apply for 10 units only.

No of issue

ENL is issuing 555,600 units of ordinary shares worth Rs. 55,560,000 to the general public, employee and mutual fund.

Among 555,600 units, 2% of the total offered share to general public is set aside for the employees of the company. 2% is equivalent to 11,112 units. Similarly, 5% that is 27,780 units are set aside for the mutual funds. The remaining 516,708 units are for the general public.

Company will start its issue from 26 magh, 2078. Issue manager for IPO issuance is NIC Asia Capital limited.

Capital Structure

Following are the capital structure of the Emerging Nepal Limited.

Public holding : 10%
Promoter holding: 90%

Promoters.

Company is promoted by the renowned business groups of Nepal. The promoters of the company is the Vishal Group and IME group affiliated entities and few individuals.

Ratings

Company got BB+ ( Double B plus ) rating from the ICRA Nepal Limited. It means the company ha a moderate risk of default.

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