Day: February 1, 2023
IPO Proposals of Dolti Power Company and Bhugol Energy Development Company Finally Approved by SEBON
The Securities Exchange Board of Nepal (SEBON) has approved Dolti Power Company Limited and Bhugol Energy Development Company Limited’s proposed initial public offering (IPO). On Magh 16, both proposals were approved. Dolti Power Company will now issue 1,609,458 equity shares with NPR 100 par value each. The issue is worth Rs. 16.09 crore. This is […]
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Gold Near All-Time High; Gains Rs 500 Per Tola Today to Trade at Rs 106,300, Silver Follows Suit
The price of gold has surged by Rs. 500 in the domestic market today. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 106,300 per tola. Yesterday, the rate was maintained at Rs. 105,800 per tola. Meanwhile, Tejabi gold is […]
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Bill on Money Laundering Prevention to be Fast-Tracked
The government is working to advance a bill that would amend the Money Laundering Prevention Act. On Tuesday, the national review council on money laundering met at the Ministry of Finance and decided to fast track a bill to amend some acts relating to money laundering control and promotion of the professional environment.
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Shuvam Power is issuing 481,882 units of IPO shares to the general public beginning today.
Shuvam Power Limited (SHUVAM) is launching an issue of 4,81,882 unit shares with a face value of Rs 100 starting today, March 18th, 2079. The company expects to earn Rs 4.81 crore from this IPO. This issue’s early closing date is 22nd Magh, and if it is not fully subscribed, it can be extended until […]
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The Sanima Middle Tamor Hydropower IPO is now closed for Nepalese working abroad; the deadline for project-affected locals has been extended until February 4th.
Sanima Middle Tamor Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today’s banking hours, Magh 18, and has extended the IPO issue deadline for project-affected locals until 4th Falgun, 2079. The issue had begun on the 4th of Magh, 2079. The company’s issued […]
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