Policy and Practices of Initial Public Offering Share Pricing in Nepal
نویسندگان
چکیده
This paper aimed at swotting policies and practices of initial public offering share pricing in Nepal. The employed the data from both primary secondary sources like policy documents issued by SEBON related to IPO shares opinion surveys with market participants about whether existing are appropriate adopt new book building. Data has been analyzed using descriptive statistics. Review various Companies Act 2006, Securities Registration Issue Regulation 2016 revealed that prevailing Nepal fixed price offer mechanism. Issuance premium is occasionally found practice while there a restriction discount under fixed-price offer. There high returns or deeper underpricing IPOs provision free auction not regulations. In this regard, opined regulatory provisions insufficient supposed for launching building method later period, it initiated amendment on February 13, 2020, also brought Book Building Directives aiming implement IPOs. However, no companies yet go through book-building so far.
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ژورنال
عنوان ژورنال: Madhayabindu journal
سال: 2023
ISSN: ['2505-0605']
DOI: https://doi.org/10.3126/madhyabindu.v8i1.56888