Day: May 22, 2023

Kumari Bank Limited Initiates Auction of Promoter Shares to General Public 1
IPO | FPO Business | Market | Economy

Kumari Bank Limited Initiates Auction of Promoter Shares to General Public

Kumari Bank Limited (KBL) is conducting an auction for the sale of 316,140 units of promoter shares to the general public. The auction, which began on 8th Jestha and will continue until 10th Ashad, 2080, allows individual investors, companies, and institutions to participate. The minimum bid rate for the auction is set at Rs. 110, […]

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Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80 3
Business | Market | Economy

Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80

Himalayan Power Partner Limited (HPPL) has released its third-quarter report for the ongoing fiscal year, revealing a Net Loss of Rs. 10.43 crores. In contrast, during the same quarter of the previous fiscal year, the company had recorded earnings of Rs. 1.70 crores. HPPL reported a revenue of Rs. 26.33 crores from the sale of […]

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Nepal's Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year 5
Business | Market | Economy

Nepal’s Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year

Nepal’s trade deficit for the first ten months of the current fiscal year has remained at Rs. 12.04 Kharba, according to the recently released Nepal Trade Statistics by the Department of Customs. This represents a decrease of 15.85% compared to the trade gap of Rs. 14.31 Kharba during the same period in the previous fiscal […]

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Rawa Energy Development Limited Announces Initial Public Offering (IPO) for General Public 7
IPO | FPO

Rawa Energy Development Limited Announces Initial Public Offering (IPO) for General Public

Rawa Energy Development Limited has recently announced its plan to issue an Initial Public Offering (IPO) to the general public. The company aims to issue 6,43,667 unit shares with a face value of Rs 100, starting from 18th Jestha, 2080. The goal of this IPO is to raise Rs 6.43 crore. The closing date for […]

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