KATHMANDU, July 31: Nepal Bank Ltd (NBL), the government-owned bank, is struggling to sell its shares offered through follow-on public offering (FPO). The FPO, which closed on Sunday, has drawn only 54 percent subscription.  As the stock price of the bank continues to plunge, general public have showed little interest over the offering that the bank launched to shore up its capital.

KATHMANDU, July 31: Nepal Bank Ltd (NBL), the government-owned bank, is struggling to sell its shares offered through follow-on public offering (FPO). The FPO, which closed on Sunday, has drawn only 54 percent subscription.

KATHMANDU, Mar 1: Nearly 28 percent of public shares offered by the Butwal Power Company Ltd on follow-on public offering (FPO) remained unsubscribed. According to NMB Capital, issue manager of the BPCL's FPO, the public subscribed only 71.6 percent of shares out of the offered 4.09 million units.

KATHMANDU, May 29: Listed companies will be allowed to float their next further public offering (FPO) only five years after their earlier FPO, according to a new rule introduced by the Securities Board of Nepal (Sebon).

KATHMANDU, May 9: The allotment of shares in further public offering of Standard Chartered Bank Nepal Ltd (SCBNL) has been completed with investors applying for up to 140 units getting 10 units of shares through lottery.

KATHMANDU, May 7: The allotment of the FPO of Standard Chartered Bank Nepal Ltd (SCBNL) has been delayed.

KATHMANDU, April 11: Investors will now be able to apply for shares through Applications Supported by Blocked Amount (ASBA) system from all over the country.

KATHMANDU, Jan 16: Standard Chartered Bank Nepal Ltd (SCBNL) has appointed NMB Capital Ltd as the issue manager to raise Rs 3.3 billion through a Further Public Offering (FPO) to meet the new paid-up capital requirement.

KATHMANDU, Dec 11: Premier Insurance Company Ltd (PICL) has appointed NMB Capital as sales and issue manager to float 659,565 units of shares through follow on public offer (FPO).

KATHMANDU, Dec 7: Securities Board of Nepal (Sebon) has introduced a new set of conditions and standards for the listed companies, except bank and financial institutions (BFIs) and insurance companies, for rights and follow-on public offerings (FPOs)