16 Companies to issue IPO

16 companies are about to issue initial public offering of 3 arba 93 crore 92 lakhs 83 thousands and 6 hundred rupees. Among them, 14 are hydropower companies.  Remaining two are microfinance and merchant banker. They are waiting for permission from Securities Board of Nepal. They will issue 3 crore 93 lakhs 94 thousands 8 hundred 36 unit shares.