Month: June 2023

Ghorahi Cement Industry Launches IPO Offering of 69.11 Lakh Unit Shares to the Public 1
IPO | FPO

Ghorahi Cement Industry Launches IPO Offering of 69.11 Lakh Unit Shares to the Public

Ghorahi Cement Industry is now offering 69.11 lakh unit ordinary shares at a premium price of Rs 435 to the general public through an Initial Public Offering (IPO) that started on Jestha 32, 2080. The IPO will be open for subscription until Asar 4, 2080, and if necessary, the closing date may be extended until […]

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Nepse Index Surges by 5.28% This Week, Reaching 2,042.07 3
NEPSE NEWS

Nepse Index Surges by 5.28% This Week, Reaching 2,042.07

The Nepse index experienced significant growth this week, closing at 2,042.07 points, a gain of 102.46 points or 5.28%. Last week, the index closed at 1,939.61 points, showing a 3.93% increase from the previous week. Throughout the week, the index demonstrated volatility, reaching a high of 2,066.99 points and a low of 1,941.76 points. This […]

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Ghorahi Cement Industry IPO Oversubscribed as Public Shows Strong Interest 5
IPO | FPO

Ghorahi Cement Industry IPO Oversubscribed as Public Shows Strong Interest

Ghorahi Cement Industry Limited, a company in Nepal, has recently issued an Initial Public Offering (IPO) to the general public. The IPO consists of 69,11,670 unit shares priced at Rs 435 per unit, including a premium of Rs 335. The offer opened on 32nd Jestha, 2080 and is scheduled to close on 4th Ashad, with […]

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Dobhan HydroPower Company Appoints Sanima Capital as Issue Manager for Upcoming IPO 7
IPO | FPO

Dobhan HydroPower Company Appoints Sanima Capital as Issue Manager for Upcoming IPO

Dobhan HydroPower Company has recently chosen Sanima Capital as the issue manager for its upcoming initial public offering (IPO). The agreement between the hydro company’s Managing Director, Mr. Puranjan Rai, and the merchant bank’s CEO, Mr. Bishm Raj Chalise, was formalized during a program, according to a media statement. In the IPO, Dobhan HydroPower Company […]

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Significant Drop in Gold Prices and Silver Follows Suit in Nepal's Domestic Market 9
Gold | Silver | Forex

Significant Drop in Gold Prices and Silver Follows Suit in Nepal’s Domestic Market

Today, the price of gold has dropped by Rs. 800 per tola in the domestic market in Nepal. Fine gold is now being traded at Rs. 111,000 per tola, down from Rs. 111,800 yesterday. Tejabi gold is priced at Rs. 110,450 today, compared to Rs. 111,250 yesterday. In addition, silver has also decreased in price […]

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Gold Price in Nepal Drops by Rs. 900 per Tola, Silver also Declines by Rs. 25 per Tola 11
Gold | Silver | Forex

Gold Price in Nepal Drops by Rs. 900 per Tola, Silver also Declines by Rs. 25 per Tola

Today, the price of gold has experienced a decline of Rs. 900 per tola in the domestic market. As reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current trading rate for fine gold stands at Rs. 111,800 per tola, compared to yesterday’s rate of Rs. 112,700 per […]

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Kumari Bank Limited to Auction Promoter Shares to Existing Promoter Shareholders 13
Business | Market | Economy

Kumari Bank Limited to Auction Promoter Shares to Existing Promoter Shareholders

Kumari Bank Limited (KBL) has announced an auction of 2,68,949 units of shares to existing promoter shareholders, starting from today, the 31st of Jestha, 2080. The auction is exclusively open to the existing promoters of KBL, who will have a period of 35 days from the date of this notice to submit their bids. Eligible […]

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Kalika Laghubitta Bittiya Sanstha Bonus Shares Listed on NEPSE 17
NEPSE NEWS

Kalika Laghubitta Bittiya Sanstha Bonus Shares Listed on NEPSE

Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has successfully listed 5,94,463.2816 units of bonus shares on the Nepal Stock Exchange (NEPSE). During the company’s 13th Annual General Meeting held on 29th Chaitra, it was decided to distribute a 20% dividend for the fiscal year 2078/79. The board of directors proposed a distribution of 19% bonus shares […]

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NEPSE Index Records Moderate Gain, Highest Turnover in Five Months 19
NEPSE NEWS

NEPSE Index Records Moderate Gain, Highest Turnover in Five Months

The NEPSE index concluded today’s trading session at 2,037.06, registering a gain of 16.42 points from the previous day’s closing. This represents a percentage increase of 0.81%. Notably, the index had shown significant growth of 34.17 points in the previous trading session. Starting at an opening value of 2,020.15, the index reached an intraday high […]

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