Barun Investment and Maruti Cement added in IPO pipeline by SEBON

The Nepal Securities Board has approved the IPOs of Barun Investment and Maruti Cement in its pipeline.

Barun Investment Limited has sought permission to issue 24.75 Lakh primary shares at a face value of Rs. 100. The company applied on Poush 25 to the Securities Board of Nepal (SEBON). The IPO issuance and sales management will be handled by Global IME Capital Limited. The company operates in the investment sector.

Maruti Cement Company has applied for the issuance of 1.16 Crores shares for Rs. 277 per share, including a premium. The company applied on Poush 26 to the Securities Board of Nepal (SEBON). Nabil Investment Banking Limited will manage the IPO issuance and sales. The company operates in the production sector.