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.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Insurer Information, Insiders and Initial Public Offering

Reproduction partielle permise avec citation du document source, incluant la notice ©. Short sections may be quoted without explicit permission, if full credit, including © notice, is given to the source. CIRANO Le CIRANO est un organisme sans but lucratif constitué en vertu de la Loi des compagnies du Québec. Le financement de son infrastructure et de ses activités de recherche provient des co...

متن کامل

The Alternative to an Initial Public Offering

For over a year, the market for initial public offerings (IPO) for promising private companies has been slow. In 2007, there were just 234 IPOs, down from a decade high of 486 in 1999. As a result, private companies and their investors (including venture capital and private equity backed companies) have been left without a crucial exit strategy. More importantly, these private companies that mi...

متن کامل

Ownership Concentration and Initial Public Offering Performance: Evidence from Thailand

This study examines the relation between ownership concentration and performance of initial public offerings (IPOs) in Thailand during 1989-1993. Ownership concentration plays a crucial role in emerging capital markets such as Thailand and can significantly affect IPO performance. Several testable hypotheses are constructed from the IPO literature to examine short-term and long-term IPO perform...

متن کامل

The initial public offering from a tripartite point of view

Existing literature on initial public offerings of a firm’s stock has taken into analysis only two parties of the issuer, the underwriter, the informed investor, either by neglecting one party for simplification or uniting it with another one as if they pursue the unique interests by forming a coalition. In point of fact, the issuer, the underwriter, the informed investors are separate entities...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Madhayabindu journal

سال: 2023

ISSN: ['2505-0605']

DOI: https://doi.org/10.3126/madhyabindu.v8i1.56888