Month: August 2023
“Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”
Nepal SBI Bank Limited (SBI) and Prabhu Bank Limited (MLBL), along with several former banks (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpine Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued notices to their respective shareholders. The notices are aimed at facilitating the collection of outstanding dividends […]
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“Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”
Bhagawati Hydropower Development Company Limited is set to release 712,220 IPO shares starting from the 5th of Bhadra, 2080. The initial application deadline for this offering is on the 8th of Bhadra, with a possibility of extension until the 19th of Bhadra, if the subscription target is not met. Among the total 858,097 units, […]
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“NEPSE Closes at 2,077.24 with Rs. 3.11 Trillion Market Cap; Rs. 2.09 Arba Volume”
During today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 2,077.24 points, showing a slight drop of 3.61 points or 0.17% from the previous day’s close. In the prior session, the index had gained 14.81 points. The day began with the index starting at 2,079.25 and briefly reaching a peak of 2,094.04. […]
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“Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability”
The allotment for Upper Lohore Hydropower Company Limited’s Initial Public Offering (IPO) was completed today at Kaji Kitchen, Battisputali, Kathmandu. NICA Asia Capital acted as the issue manager for this IPO. The company had initially issued 19,53,279 IPO shares with a face value of Rs 100 each to the public from 18th to 22nd […]
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“Molung Hydropower’s IPO Release Followed by Disappointing Q4 Report; EPS at Rs. -1.42”
. Molung Hydropower Company Limited (MHCL) has released its Q4 financial report for the recently concluded fiscal year 2079-80, revealing a net loss of Rs. 1.14 crores. In comparison, during the same period in the previous fiscal year 2078-79, the company had recorded earnings of Rs. 55.46 lakhs. The drop in net profits has […]
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“HBL and NIMB Call on Shareholders to Collect Pending Dividends”
Shareholders who have not yet collected dividends approved during the company’s annual general meetings (AGMs) are required to submit their share certificates and identification proof to Himalayan Capital Limited, located in Thamel, Kathmandu. This is necessary along with copies of relevant documents to claim the pending dividends. If this step is not taken, in […]
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“NEPSE Climbs 14.81 Points; TSHL and GCIL Take Opposite Paths with Circuit Breakers”
In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,080.86 points, showing a rise of 0.71% or 14.81 points from the previous day’s close. Last week’s final trading day saw a small increase of 5.13 points. The trading session began with the index starting at 2,065.4 and briefly hitting a low of […]
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“IPO-Debutant DOLTI’s Q4 Report Reveals Rs. 2.18 Crores Net Loss, Impact on EPS and Net Worth”
Dolti Power Company Limited (DOLTI) has released its Q4 financial report for the fiscal year 2079-80, revealing a net loss of Rs. 2.18 crores during the same period. In contrast, the company had generated Rs. 16.55 lakhs in the corresponding quarter of the previous fiscal year 2078-79. The company’s primary revenue source, power sales, […]
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“Kumari Bank Partners with Classic Industries for 15% Mattress Discount”
Kumari Bank has partnered with Classic Industries to offer a generous 15% discount on mattresses to their cardholders and mobile banking users. This special deal aims to benefit customers making purchases from the company. Kumari Bank operates through an extensive network comprising 304 branches, 307 ATM outlets, 63 branchless banking units, and 49 extension […]
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“SFMF Plans 16% Cash Dividend; Book Closure Notice Coming Soon”
. Sunrise First Mutual Fund (SFMF) has announced a 16% cash dividend amounting to Rs 13.76 crore, inclusive of taxes, for its unit holders. The specific date for closing the dividend distribution will be released soon, according to the provided statement. SFMF, supported by Sunrise Bank and overseen by Sunrise Capital, is a closed-end […]
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