Nepal Micro’s IPO Allotment to Take Place on Friday

The allotment of Nepal Micro Insurance’s IPO, issued from Falgun 11–15 (February 23–27, 2025) for 1.845 million shares, was scheduled for today but has been postponed. The delay occurred due to a scheduling conflict with Balefi Hydropower’s auction share bid opening at 8 AM on Thursday, as informed by the issue manager, NIMB Ace Capital.

The IPO, valued at NPR 184.5 million, received applications from 19,977 individuals for 24.483 million shares. Through a lottery, only 184,500 applicants will receive shares. The allotment is now set for Friday, with results to be published thereafter.